PIMCO Strategic Income Fund, Inc. to Issue Monthly Dividend of $0.04 (NYSE:RCS)

PIMCO Strategic Income Fund, Inc. (NYSE:RCS) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be given a dividend of 0.04 per share by the investment management company on Monday, February 3rd. This represents a $0.48 annualized dividend and a yield of 8.36%. The ex-dividend date is Monday, January 13th.

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

PIMCO Strategic Income Fund Price Performance

Shares of PIMCO Strategic Income Fund stock traded down $1.83 during trading on Friday, reaching $5.74. 1,928,110 shares of the company’s stock were exchanged, compared to its average volume of 1,087,105. PIMCO Strategic Income Fund has a 1-year low of $5.54 and a 1-year high of $8.09. The firm’s 50-day moving average price is $7.67 and its 200 day moving average price is $7.20.

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.