TCW Strategic Income Fund, Inc. (NYSE:TSI – Get Free Report) announced a quarterly dividend on Monday, September 16th, Zacks reports. Stockholders of record on Monday, September 30th will be paid a dividend of 0.06 per share by the financial services provider on Friday, October 11th. This represents a $0.24 annualized dividend and a dividend yield of 4.63%. The ex-dividend date is Monday, September 30th.
TCW Strategic Income Fund has decreased its dividend by an average of 4.5% annually over the last three years.
TCW Strategic Income Fund Stock Down 0.2 %
Shares of TSI traded down $0.01 during mid-day trading on Wednesday, hitting $5.18. 7,983 shares of the stock were exchanged, compared to its average volume of 113,178. TCW Strategic Income Fund has a 52-week low of $4.48 and a 52-week high of $5.20. The firm has a 50-day moving average of $4.98 and a two-hundred day moving average of $4.78.
About TCW Strategic Income Fund
TCW Strategic Income Fund, Inc is a close-ended balanced mutual fund launched by The TCW Group, Inc The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors.
Read More
- Five stocks we like better than TCW Strategic Income Fund
- Energy and Oil Stocks Explained
- Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Stocks to Take Advantage of Rising Gold Prices
- Stock Dividend Cuts Happen Are You Ready?
- Smartsheet Is a Smart Buy for Traders and Investors: Here’s Why
Receive News & Ratings for TCW Strategic Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TCW Strategic Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
