PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) announced a monthly dividend on Thursday, October 1st, Zacks reports. Shareholders of record on Tuesday, October 13th will be paid a dividend of 0.069 per share on Monday, November 2nd. This represents a $0.83 dividend on an annualized basis and a yield of 9.87%. The ex-dividend date is Friday, October 9th.
PIMCO Global StocksPLUS & Income Fund has decreased its dividend by 42.0% over the last three years and has raised its dividend annually for the last 1 consecutive years.
PGP traded up $0.06 during midday trading on Friday, reaching $8.39. The company had a trading volume of 72,937 shares, compared to its average volume of 69,647. PIMCO Global StocksPLUS & Income Fund has a 1 year low of $4.51 and a 1 year high of $12.65. The business has a 50-day moving average of $8.36 and a two-hundred day moving average of $8.17.
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.
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