PIMCO High Income Fund Announces Monthly Dividend of $0.05 (NYSE:PHK)

PIMCO High Income Fund (NYSE:PHK) announced a monthly dividend on Tuesday, September 2nd, Wall Street Journal reports. Shareholders of record on Friday, September 12th will be paid a dividend of 0.048 per share by the investment management company on Wednesday, October 1st. This represents a c) annualized dividend and a yield of 11.5%. The ex-dividend date of this dividend is Friday, September 12th.

PIMCO High Income Fund Trading Down 0.4%

Shares of PHK opened at $5.00 on Wednesday. The business’s fifty day simple moving average is $4.88 and its two-hundred day simple moving average is $4.81. PIMCO High Income Fund has a 12 month low of $4.18 and a 12 month high of $5.18.

About PIMCO High Income Fund

PIMCO High Income Fund 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 invests in the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations.