Pimco Dynamic Credit and MortggeIncmFund (PCI) To Go Ex-Dividend on November 9th

Pimco Dynamic Credit and MortggeIncmFund (NYSE:PCI) announced a monthly dividend on Thursday, November 1st, NASDAQ reports. Shareholders of record on Tuesday, November 13th will be paid a dividend of 0.164 per share on Monday, December 3rd. This represents a $1.97 annualized dividend and a yield of 8.26%. The ex-dividend date of this dividend is Friday, November 9th.

Pimco Dynamic Credit and MortggeIncmFund has decreased its dividend payment by an average of 1.9% annually over the last three years.

Shares of PCI stock opened at $23.83 on Thursday. Pimco Dynamic Credit and MortggeIncmFund has a 52 week low of $21.61 and a 52 week high of $24.65.

In other Pimco Dynamic Credit and MortggeIncmFund news, insider Thomas J. Otterbein bought 5,000 shares of the firm’s stock in a transaction dated Thursday, October 11th. The shares were purchased at an average cost of $22.29 per share, for a total transaction of $111,450.00. The transaction was disclosed in a filing with the SEC, which is available at this link.

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Pimco Dynamic Credit and MortggeIncmFund Company Profile

PIMCO Dynamic Credit and Mortgage Income Fund is a closed end 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 utilizes a dynamic asset allocation approach and seeks to invest in multiple fixed-income sectors in the global credit markets, including corporate debt, mortgage-related and other asset-backed securities, government and sovereign debt, taxable municipal bonds and other fixed, variable and floating rate income producing securities.

Further Reading: What is an Initial Public Offering (IPO)?

Dividend History for Pimco Dynamic Credit and MortggeIncmFund (NYSE:PCI)

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