PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) announced a monthly dividend on Thursday, October 1st, Zacks reports. Stockholders of record on Tuesday, October 13th will be given a dividend of 0.069 per share on Monday, November 2nd. This represents a $0.83 annualized dividend and a dividend yield of 9.87%. The ex-dividend date is Friday, October 9th.
PIMCO Global StocksPLUS & Income Fund has decreased its dividend payment by 42.0% over the last three years and has raised its dividend every year for the last 1 years.
Shares of PGP traded up $0.06 during mid-day trading on Friday, hitting $8.39. The company’s stock had a trading volume of 72,937 shares, compared to its average volume of 69,647. The firm has a 50-day simple moving average of $8.36 and a 200 day simple moving average of $8.17. PIMCO Global StocksPLUS & Income Fund has a 1-year low of $4.51 and a 1-year high of $12.65.
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.
Featured Article: Why do commodities matter?
Receive News & Ratings for PIMCO Global StocksPLUS & Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Global StocksPLUS & Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.