PIMCO High Income Fund (PHK) to Issue Monthly Dividend of $0.05 on July 1st

PIMCO High Income Fund (NYSE:PHKGet Free Report) announced a monthly dividend on Monday, June 3rd, Wall Street Journal reports. Shareholders of record on Thursday, June 13th will be paid a dividend of 0.048 per share by the investment management company on Monday, July 1st. This represents a $0.58 dividend on an annualized basis and a yield of 11.90%. The ex-dividend date of this dividend is Thursday, June 13th.

PIMCO High Income Fund has decreased its dividend payment by an average of 3.6% annually over the last three years.

PIMCO High Income Fund Stock Performance

NYSE PHK opened at $4.84 on Tuesday. PIMCO High Income Fund has a 52 week low of $4.13 and a 52 week high of $5.15. The business has a 50 day moving average price of $4.82 and a 200-day moving average price of $4.86.

PIMCO High Income Fund Company Profile

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PIMCO High Income Fund 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 the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations.

Further Reading

Dividend History for PIMCO High Income Fund (NYSE:PHK)

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