Pcm Fund (NYSE:PCM – Get Free Report) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Thursday, August 13th will be paid a dividend of 0.0642 per share by the investment management company on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 13.4%. The ex-dividend date of this dividend is Thursday, August 13th.
Pcm Fund Trading Up 1.7%
NYSE:PCM opened at $5.75 on Wednesday. The stock has a fifty day simple moving average of $5.64 and a 200 day simple moving average of $5.78. Pcm Fund has a 1-year low of $5.48 and a 1-year high of $6.76.
About Pcm Fund
PCM Fund, Inc (NYSE: PCM) is a diversified, closed-end management investment company incorporated in the United States. Since its inception in 1989, the Fund has sought to deliver a high level of current income and pursue capital preservation. Shares of PCM Fund trade on the New York Stock Exchange, offering investors access to a professionally managed portfolio of fixed income securities through a single, publicly traded vehicle.
The Fund’s investment strategy focuses on mortgage-related securities, with a core allocation to agency mortgage-backed securities (MBS) issued or guaranteed by U.S.
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