TCW Strategic Income Fund, Inc. (NYSE:TSI) Plans Monthly Dividend of $0.03

TCW Strategic Income Fund, Inc. (NYSE:TSI) declared a monthly dividend on Friday, June 5th. Stockholders of record on Monday, June 15th will be paid a dividend of 0.0283 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Monday, June 15th.

TCW Strategic Income Fund Price Performance

Shares of NYSE TSI traded up $0.04 during mid-day trading on Friday, hitting $4.53. The company had a trading volume of 116,527 shares, compared to its average volume of 100,475. TCW Strategic Income Fund has a 1 year low of $4.43 and a 1 year high of $5.06. The stock’s 50-day moving average price is $4.54 and its 200-day moving average price is $4.71.

About TCW Strategic Income Fund

TCW Strategic Income Fund (NYSE: TSI) is a diversified, closed-end management investment company that seeks to provide total return through high current income and capital appreciation. The fund primarily invests in a broad array of fixed-income securities, including corporate debt, high-yield bonds, mortgage- and asset-backed securities, and emerging market debt. By combining multiple credit sectors with a flexible duration approach, the fund aims to generate attractive yields while managing interest-rate and credit risks in varying market environments.

Under the management of TCW Asset Management Company LLC, a subsidiary of TCW Group founded in 1971, TSI leverages the firm’s deep credit research capabilities and global trading platforms.