PIMCO Dynamic Income Strategy Fund (NYSE:PDX – Get Free Report) announced a — dividend on Thursday, December 19th,Wall Street Journal reports. Investors of record on Monday, December 30th will be given a dividend of 0.37 per share on Monday, January 13th. This represents a yield of 5.4%. The ex-dividend date is Monday, December 30th.
PIMCO Dynamic Income Strategy Fund Trading Down 1.5 %
Shares of NYSE PDX opened at $26.45 on Friday. PIMCO Dynamic Income Strategy Fund has a 12-month low of $19.15 and a 12-month high of $27.32. The firm’s fifty day moving average is $25.34.
Insiders Place Their Bets
In related news, major shareholder Saba Capital Management, L.P. acquired 2,000 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were purchased at an average price of $25.14 per share, for a total transaction of $50,280.00. Following the completion of the acquisition, the insider now directly owns 6,810,213 shares in the company, valued at $171,208,754.82. The trade was a 0.03 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders have bought 234,588 shares of company stock valued at $5,980,743.
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