TCW Strategic Income Fund, Inc. (NYSE:TSI – Get Free Report) announced a quarterly dividend on Monday, March 17th, RTT News reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.065 per share by the financial services provider on Friday, April 11th. This represents a $0.26 annualized dividend and a dividend yield of 5.33%. This is a 8.3% increase from TCW Strategic Income Fund’s previous quarterly dividend of $0.06.
TCW Strategic Income Fund has raised its dividend by an average of 13.3% annually over the last three years.
TCW Strategic Income Fund Price Performance
TSI opened at $4.88 on Tuesday. TCW Strategic Income Fund has a 52-week low of $4.52 and a 52-week high of $5.21. The business’s fifty day moving average is $4.85 and its 200-day moving average is $4.97.
About TCW Strategic Income Fund
TCW Strategic Income Fund, Inc is a close-ended balanced mutual fund launched by The TCW Group, Inc The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors.
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