PCM Fund Inc. (NYSE:PCM - Get Free Report) announced a monthly dividend on Monday, May 5th, Wall Street Journal reports. Investors of record on Monday, May 12th will be paid a dividend of 0.0642 per share by the investment management company on Monday, June 2nd. This represents a $0.77 dividend on an annualized basis and a dividend yield of 11.91%. The ex-dividend date is Monday, May 12th.
PCM Fund Trading Up 0.2 %
PCM traded up $0.01 during trading on Friday, reaching $6.47. 11,103 shares of the company's stock were exchanged, compared to its average volume of 57,867. The firm has a fifty day moving average price of $6.32 and a two-hundred day moving average price of $7.03. PCM Fund has a one year low of $5.88 and a one year high of $9.15.
About PCM Fund
(
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PCM 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 seeks to invest in fixed income markets. The fund invests primarily in commercial mortgage-backed securities.
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