PIMCO Global StocksPLUS & Income Fund (PGP) to Issue Monthly Dividend of $0.07 on October 1st

PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.069 per share on Tuesday, October 1st. This represents a $0.83 dividend on an annualized basis and a dividend yield of 10.62%. The ex-dividend date is Friday, September 13th.

PIMCO Global StocksPLUS & Income Fund has decreased its dividend by an average of 4.6% annually over the last three years.

PIMCO Global StocksPLUS & Income Fund Stock Down 2.0 %

PGP stock opened at $7.80 on Wednesday. PIMCO Global StocksPLUS & Income Fund has a 52 week low of $5.83 and a 52 week high of $8.11. The business has a 50-day simple moving average of $7.74 and a 200 day simple moving average of $7.61.

PIMCO Global StocksPLUS & Income Fund Company Profile

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.