PIMCO Strategic Income Fund, Inc. Announces Monthly Dividend of $0.04 (NYSE:RCS)

PIMCO Strategic Income Fund, Inc. (NYSE:RCS) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Friday, April 11th will be paid a dividend of 0.04 per share by the investment management company on Thursday, May 1st. This represents a $0.48 annualized dividend and a dividend yield of 7.74%. The ex-dividend date of this dividend is Friday, April 11th.

PIMCO Strategic Income Fund has decreased its dividend by an average of 0.5% annually over the last three years.

PIMCO Strategic Income Fund Price Performance

RCS stock traded down $0.04 during trading on Thursday, reaching $6.20. 86,009 shares of the stock traded hands, compared to its average volume of 161,145. The business’s 50 day moving average price is $6.34 and its 200-day moving average price is $7.07. PIMCO Strategic Income Fund has a 52-week low of $5.54 and a 52-week high of $8.09.

PIMCO Strategic Income Fund Company Profile

PIMCO Strategic Global Government Fund, Inc 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 primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.