PIMCO Dynamic Income Strategy Fund (PDX) to Issue Monthly Dividend of $0.13 on February 3rd

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be given a dividend of 0.1334 per share on Monday, February 3rd. This represents a $1.60 annualized dividend and a dividend yield of 6.09%. The ex-dividend date of this dividend is Monday, January 13th. This is a boost from PIMCO Dynamic Income Strategy Fund’s previous monthly dividend of $0.11.

PIMCO Dynamic Income Strategy Fund Price Performance

Shares of NYSE PDX opened at $26.29 on Friday. The firm has a fifty day moving average of $25.62. PIMCO Dynamic Income Strategy Fund has a 12-month low of $19.15 and a 12-month high of $27.32.

Insider Transactions at PIMCO Dynamic Income Strategy Fund

In other news, major shareholder Saba Capital Management, L.P. sold 2,850 shares of the business’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $24.15, for a total transaction of $68,827.50. Following the transaction, the insider now directly owns 6,272,073 shares of the company’s stock, valued at approximately $151,470,562.95. The trade was a 0.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders purchased 234,588 shares of company stock valued at $5,980,743 over the last quarter.