PIMCO High Income Fund (NYSE:PHK) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be paid a dividend of 0.0613 per share by the investment management company on Thursday, January 2nd. This represents a $0.74 annualized dividend and a dividend yield of 9.63%. The ex-dividend date of this dividend is Wednesday, December 11th.
Shares of NYSE:PHK traded up $0.03 on Wednesday, hitting $7.64. The company had a trading volume of 452,300 shares, compared to its average volume of 531,302. PIMCO High Income Fund has a 52-week low of $7.30 and a 52-week high of $9.09. The business has a 50 day moving average of $7.70 and a 200 day moving average of $7.84.
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.
See Also: What is a resistance level?
Receive News & Ratings for PIMCO High Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO High Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.