PIMCO High Income Fund (NYSE:PHK – Get Free Report) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Monday, May 13th will be paid a dividend of 0.048 per share by the investment management company on Monday, June 3rd. This represents a $0.58 dividend on an annualized basis and a yield of 12.00%. The ex-dividend date of this dividend is Friday, May 10th.
PIMCO High Income Fund has decreased its dividend payment by an average of 3.6% per year over the last three years.
PIMCO High Income Fund Price Performance
Shares of PIMCO High Income Fund stock opened at $4.80 on Wednesday. PIMCO High Income Fund has a fifty-two week low of $4.13 and a fifty-two week high of $5.15. The business’s fifty day moving average is $4.88 and its two-hundred day moving average is $4.80.
PIMCO High Income Fund Company Profile
PIMCO High Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations.
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