PIMCO Global StocksPLUS & Income Fund (PGP) to Issue Monthly Dividend of $0.09 on February 3rd

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PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) announced a monthly dividend on Thursday, January 2nd, Zacks reports. Investors of record on Monday, January 13th will be given a dividend of 0.094 per share on Monday, February 3rd. This represents a $1.13 annualized dividend and a yield of 9.16%. The ex-dividend date is Friday, January 10th. This is a positive change from PIMCO Global StocksPLUS & Income Fund’s previous monthly dividend of $0.09.

PIMCO Global StocksPLUS & Income Fund has decreased its dividend by an average of 18.6% per year over the last three years.

NYSE:PGP traded up $0.06 during mid-day trading on Wednesday, hitting $12.31. 4,858 shares of the company’s stock were exchanged, compared to its average volume of 70,925. The company has a 50 day simple moving average of $11.80 and a 200-day simple moving average of $11.85. PIMCO Global StocksPLUS & Income Fund has a fifty-two week low of $11.00 and a fifty-two week high of $15.25.

About PIMCO Global StocksPLUS & Income Fund

PIMCO Global Stocksplus & Income Fund is a closed ended balanced 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 fixed income and public equity markets across the globe. The fund uses a long/short strategy to invest in securities by using financial derivatives such as options.

See Also: Cost of Goods Sold (COGS)

Dividend History for PIMCO Global StocksPLUS & Income Fund (NYSE:PGP)

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