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PCM Fund Inc. (NYSE:PCM) Plans Monthly Dividend of $0.06

PCM Fund logo with Finance background

PCM Fund Inc. (NYSE:PCM - Get Free Report) declared a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Shareholders of record on Thursday, June 12th will be paid a dividend of 0.0642 per share by the investment management company on Tuesday, July 1st. This represents a $0.77 dividend on an annualized basis and a yield of 12.24%. The ex-dividend date of this dividend is Thursday, June 12th.

PCM Fund Trading Up 0.3%

PCM Fund stock traded up $0.02 during mid-day trading on Friday, hitting $6.30. The company had a trading volume of 19,718 shares, compared to its average volume of 56,040. PCM Fund has a 12 month low of $5.88 and a 12 month high of $8.39. The stock's 50 day moving average price is $6.21 and its two-hundred day moving average price is $6.77.

PCM Fund Company Profile

(Get Free Report)

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.

See Also

Dividend History for PCM Fund (NYSE:PCM)

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