PIMCO ETF TR/LOW DURATION EXCHANGE (NYSEARCA:LDUR) announced a monthly dividend on Monday, December 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, December 4th will be paid a dividend of 0.33 per share on Thursday, December 6th. This represents a $3.96 annualized dividend and a dividend yield of 4.00%. The ex-dividend date is Monday, December 3rd. This is an increase from PIMCO ETF TR/LOW DURATION EXCHANGE’s previous monthly dividend of $0.26.
Shares of NYSEARCA LDUR traded down $0.45 during trading on Monday, hitting $98.92. 33,862 shares of the company were exchanged, compared to its average volume of 12,086. PIMCO ETF TR/LOW DURATION EXCHANGE has a 1 year low of $98.88 and a 1 year high of $101.42.
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