PIMCO Dynamic Income Strategy Fund Declares Monthly Dividend of $0.13 (NYSE:PDX)

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.1334 per share on Tuesday, April 1st. This represents a $1.60 dividend on an annualized basis and a yield of 6.58%. The ex-dividend date is Thursday, March 13th.

PIMCO Dynamic Income Strategy Fund Price Performance

Shares of PDX traded down $0.49 during trading hours on Tuesday, hitting $24.31. The company had a trading volume of 71,314 shares, compared to its average volume of 341,061. The business has a fifty day moving average of $26.57 and a 200-day moving average of $25.10. PIMCO Dynamic Income Strategy Fund has a 12 month low of $20.08 and a 12 month high of $32.88.

Insider Buying and Selling at PIMCO Dynamic Income Strategy Fund

In other PIMCO Dynamic Income Strategy Fund news, major shareholder Saba Capital Management, L.P. purchased 731,721 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The shares were acquired at an average cost of $27.60 per share, for a total transaction of $20,195,499.60. Following the completion of the purchase, the insider now owns 7,541,934 shares of the company’s stock, valued at approximately $208,157,378.40. The trade was a 10.74 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have purchased a total of 756,836 shares of company stock valued at $20,837,029 in the last three months.