Pimco Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Friday, January 4th, Wall Street Journal reports. Stockholders of record on Monday, January 14th will be paid a dividend of 0.09 per share by the investment management company on Friday, February 1st. This represents a $1.08 annualized dividend and a dividend yield of 9.65%. The ex-dividend date of this dividend is Friday, January 11th.
Pimco Income Strategy Fund has decreased its dividend by an average of 4.0% per year over the last three years.
Shares of NYSE:PFL opened at $11.19 on Thursday. Pimco Income Strategy Fund has a 52 week low of $10.11 and a 52 week high of $12.54.
TRADEMARK VIOLATION NOTICE: This story was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this story on another domain, it was illegally copied and reposted in violation of U.S. and international trademark & copyright law. The correct version of this story can be read at https://www.tickerreport.com/banking-finance/4067946/pimco-income-strategy-fund-declares-monthly-dividend-of-0-09-pfl.html.
PIMCO Income Strategy 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 fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years.
Featured Article: How to calculate the intrinsic value of a stock
Receive News & Ratings for Pimco Income Strategy Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco Income Strategy Fund and related companies with MarketBeat.com's FREE daily email newsletter.