PCM FUND INC (NYSE:PCM) declared a monthly dividend on Friday, November 3rd, Wall Street Journal reports. Shareholders of record on Monday, November 13th will be given a dividend of 0.08 per share by the investment management company on Friday, December 1st. This represents a $0.96 dividend on an annualized basis and a yield of 8.00%. The ex-dividend date is Friday, November 10th.
PCM FUND INC has decreased its dividend payment by an average of 7.6% per year over the last three years.
PCM FUND INC (PCM) opened at $12.00 on Friday. PCM FUND INC has a one year low of $9.05 and a one year high of $12.13.
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PCM FUND INC Company Profile
PCM Fund Inc (the Fund) is a diversified closed-end management investment company. The Company’s primary investment objective is to seek to achieve high current income. Capital gains from the disposition of investments are a secondary objective of the Fund. The Fund invests in agency-guaranteed mortgage-backed securities (MBS), private label (non-agency) mortgage-backed securities, investment grade corporate debt securities, high yield corporate debt securities and commercial mortgage-backed securities.
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