Pcm Fund (NYSE:PCM) to Issue Monthly Dividend of $0.06

Pcm Fund (NYSE:PCM) announced a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 13th will be paid a dividend of 0.0642 per share by the investment management company on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 12.6%. The ex-dividend date of this dividend is Tuesday, January 13th.

Pcm Fund Stock Performance

NYSE:PCM opened at $6.11 on Friday. The stock’s 50 day moving average price is $6.17 and its 200 day moving average price is $6.33. Pcm Fund has a 52 week low of $5.88 and a 52 week high of $6.84.

Pcm Fund Company Profile

PCM Fund, Inc (NYSE: PCM) is a diversified, closed-end management investment company incorporated in the United States. Since its inception in 1989, the Fund has sought to deliver a high level of current income and pursue capital preservation. Shares of PCM Fund trade on the New York Stock Exchange, offering investors access to a professionally managed portfolio of fixed income securities through a single, publicly traded vehicle.

The Fund’s investment strategy focuses on mortgage-related securities, with a core allocation to agency mortgage-backed securities (MBS) issued or guaranteed by U.S.