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

TCW Strategic Income Fund, Inc. (NYSE:TSI) announced a monthly dividend on Wednesday, August 5th. Shareholders of record on Monday, August 17th will be paid a dividend of 0.0283 per share by the financial services provider on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Monday, August 17th.

TCW Strategic Income Fund Price Performance

TCW Strategic Income Fund stock opened at $4.41 on Thursday. TCW Strategic Income Fund has a 52 week low of $4.39 and a 52 week high of $5.06. The company’s 50-day moving average price is $4.46 and its two-hundred day moving average price is $4.58.

TCW Strategic Income Fund Company Profile

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.