Pcm Fund (NYSE:PCM - Get Free Report) announced a monthly dividend on Tuesday, September 2nd, Wall Street Journal reports. Investors of record on Friday, September 12th will be given a dividend of 0.0642 per share by the investment management company on Wednesday, October 1st. This represents a c) annualized dividend and a yield of 12.0%. The ex-dividend date of this dividend is Friday, September 12th.
Pcm Fund Price Performance
NYSE:PCM remained flat at $6.41 during mid-day trading on Monday. 134,523 shares of the company traded hands, compared to its average volume of 54,203. The stock's fifty day moving average is $6.33 and its 200 day moving average is $6.33. Pcm Fund has a twelve month low of $5.88 and a twelve month high of $8.39.
Pcm Fund Company Profile
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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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