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

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

PIMCO Dynamic Income Strategy Fund Stock Performance

NYSE:PDX traded down $0.03 during trading hours on Tuesday, reaching $26.28. The stock had a trading volume of 220,808 shares, compared to its average volume of 524,532. The stock has a 50 day simple moving average of $27.04 and a 200 day simple moving average of $24.74. PIMCO Dynamic Income Strategy Fund has a 12-month low of $19.15 and a 12-month high of $32.88.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. purchased 74,805 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The shares were purchased at an average price of $25.90 per share, with a total value of $1,937,449.50. Following the completion of the acquisition, the insider now owns 6,613,345 shares in the company, valued at $171,285,635.50. This trade represents a 1.14 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have acquired a total of 966,309 shares of company stock valued at $26,176,242 over the last quarter.