PIMCO Strategic Income Fund, Inc. (RCS) to Issue Monthly Dividend of $0.05 on June 3rd

PIMCO Strategic Income Fund, Inc. (NYSE:RCS) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Monday, May 13th will be given a dividend of 0.051 per share by the investment management company on Monday, June 3rd. This represents a $0.61 dividend on an annualized basis and a dividend yield of 10.61%. The ex-dividend date of this dividend is Friday, May 10th.

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

PIMCO Strategic Income Fund Trading Down 2.2 %

Shares of PIMCO Strategic Income Fund stock opened at $5.77 on Friday. The stock has a 50-day simple moving average of $5.98 and a 200-day simple moving average of $5.83. PIMCO Strategic Income Fund has a 52-week low of $4.51 and a 52-week high of $6.31.

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.