PIMCO High Income Fund (NYSE:PHK) to Issue $0.05 Monthly Dividend

PIMCO High Income Fund (NYSE:PHK) declared a monthly dividend on Monday, July 6th, Wall Street Journal reports. Stockholders of record on Monday, July 13th will be given a dividend of 0.048 per share by the investment management company on Monday, August 3rd. This represents a $0.58 dividend on an annualized basis and a dividend yield of 10.65%. The ex-dividend date of this dividend is Friday, July 10th.

PIMCO High Income Fund stock traded up $0.05 during midday trading on Monday, hitting $5.41. 506,000 shares of the company’s stock were exchanged, compared to its average volume of 901,203. PIMCO High Income Fund has a 12 month low of $3.55 and a 12 month high of $8.11. The firm has a 50-day moving average of $5.33 and a two-hundred day moving average of $6.14.

PIMCO High Income Fund Company Profile

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.

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Dividend History for PIMCO High Income Fund (NYSE:PHK)

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