TCW Strategic Income Fund, Inc. (TSI) To Go Ex-Dividend on March 28th

TCW Strategic Income Fund, Inc. (NYSE:TSI) announced a quarterly dividend on Monday, March 19th, Wall Street Journal reports. Investors of record on Thursday, March 29th will be given a dividend of 0.0665 per share by the financial services provider on Friday, April 13th. This represents a $0.27 annualized dividend and a dividend yield of 4.81%. The ex-dividend date of this dividend is Wednesday, March 28th. This is a boost from TCW Strategic Income Fund’s previous quarterly dividend of $0.06.

TCW Strategic Income Fund has decreased its dividend payment by an average of 1.7% annually over the last three years.

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Shares of TCW Strategic Income Fund (NYSE TSI) opened at $5.53 on Friday. TCW Strategic Income Fund has a 12 month low of $5.34 and a 12 month high of $6.16.

In other TCW Strategic Income Fund news, insider Laird Landmann bought 10,536 shares of the business’s stock in a transaction that occurred on Wednesday, March 21st. The shares were bought at an average cost of $5.57 per share, with a total value of $58,685.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.35% of the stock is owned by company insiders.

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TCW Strategic Income Fund Company Profile

TCW Strategic Income Fund, Inc is a diversified, closed-end investment management company. The Fund’s investment objective is to seek a total return consisted of current income and capital appreciation by investing in a range of securities, including convertible securities, marketable equity securities, investment-grade debt securities, high-yield debt securities, securities issued or guaranteed by the United States Government, its agencies and instrumentalities (the United States Government Securities), repurchase agreements, mortgage related securities, asset-backed securities, money market securities, other securities and derivative instruments without limit believed by its investment advisor to be consistent with the Fund’s investment objective.

Dividend History for TCW Strategic Income Fund (NYSE:TSI)

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