PIMCO Strategic Income Fund, Inc. (NYSE:RCS) Plans $0.05 Monthly Dividend

PIMCO Strategic Income Fund, Inc. (NYSE:RCS) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Monday, May 13th will be paid a dividend of 0.051 per share by the investment management company on Monday, June 3rd. This represents a $0.61 dividend on an annualized basis and a dividend yield of 10.59%. The ex-dividend date of this dividend is Friday, May 10th.

PIMCO Strategic Income Fund has decreased its dividend by an average of 2.6% per year over the last three years.

PIMCO Strategic Income Fund Price Performance

PIMCO Strategic Income Fund stock opened at $5.78 on Thursday. PIMCO Strategic Income Fund has a fifty-two week low of $4.51 and a fifty-two week high of $6.31. The firm has a fifty day moving average price of $5.96 and a two-hundred day moving average price of $5.86.

About PIMCO Strategic Income Fund

PIMCO Strategic Global Government Fund, Inc 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 fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.