Pcm Fund (NYSE:PCM – Get Free Report) declared a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be given a dividend of $0.0642 per share by the investment management company on Tuesday, December 1st. This represents a $0.77 dividend on an annualized basis and a yield of 15.5%. The ex-dividend date of this dividend is Friday, November 13th.
Pcm Fund Trading Up 0.3%
PCM stock traded up $0.01 during trading on Tuesday, hitting $4.96. The company had a trading volume of 74,002 shares, compared to its average volume of 54,406. The company has a 50 day simple moving average of $5.07 and a 200-day simple moving average of $5.59. Pcm Fund has a 52-week low of $4.83 and a 52-week high of $6.39.
About Pcm Fund
PCM Fund, Inc is a closed-end investment fund that focuses primarily on commercial mortgage-backed securities and other mortgage-related investments. Through a portfolio of fixed-income assets, the fund seeks to generate current income while also providing the potential for capital appreciation.
The fund’s investments may include securities backed by pools of commercial real estate loans, as well as other debt instruments and structured products related to the commercial property market.
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