Pcm Fund Announces Monthly Dividend of $0.06 (NYSE:PCM)

Pcm Fund (NYSE:PCM) declared a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Investors of record on Friday, July 11th will be paid a dividend of 0.0642 per share by the investment management company on Friday, August 1st. This represents a $0.77 annualized dividend and a yield of 12.08%. The ex-dividend date of this dividend is Friday, July 11th.

Pcm Fund Trading Up 0.3%

Shares of Pcm Fund stock opened at $6.38 on Friday. The company’s 50-day moving average price is $6.29 and its two-hundred day moving average price is $6.53. Pcm Fund has a 52 week low of $5.88 and a 52 week high of $8.39.

Pcm Fund Company Profile

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.