PIMCO High Income Fund (NYSE:PHK) Declares Monthly Dividend of $0.05

PIMCO High Income Fund (NYSE:PHK) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Friday, April 11th will be given a dividend of 0.048 per share by the investment management company on Thursday, May 1st. This represents a $0.58 dividend on an annualized basis and a yield of 11.82%. The ex-dividend date of this dividend is Friday, April 11th.

PIMCO High Income Fund Trading Down 0.1 %

PIMCO High Income Fund stock traded down $0.01 during mid-day trading on Thursday, reaching $4.88. 1,097,869 shares of the company traded hands, compared to its average volume of 589,592. The firm’s fifty day moving average is $4.91 and its two-hundred day moving average is $4.96. PIMCO High Income Fund has a fifty-two week low of $4.59 and a fifty-two week high of $5.18.

PIMCO High Income Fund Company Profile

PIMCO High Income 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 the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations.