Pcm Fund (NYSE:PCM) Shares Will Pay Monthly Dividend of $0.06

by · The Cerbat Gem

Pcm Fund (NYSE:PCM – Get Free Report) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Tuesday, October 13th will be paid a dividend of $0.0642 per share by the investment management company on Monday, November 2nd. This represents a $0.77 annualized dividend and a dividend yield of 15.4%. The ex-dividend date of this dividend is Tuesday, October 13th.

Pcm Fund Stock Up 0.5%

Shares of PCM opened at $5.01 on Friday. Pcm Fund has a twelve month low of $4.85 and a twelve month high of $6.76. The company has a 50 day moving average of $5.35 and a 200-day moving average of $5.57.

About Pcm Fund

(Get Free Report)

PCM Fund, Inc (NYSE: PCM) is a closed-end investment company advised by Pacific Investment Management Company LLC (PIMCO). The fund is designed to provide investors with access to professionally managed fixed-income investments rather than operating a conventional business.

The fund primarily invests in commercial mortgage-backed securities and other mortgage-related investments. Its investment strategy is focused on generating a high level of current income, with capital appreciation as a secondary objective.

Further Reading