PIMCO Dynamic Income Strategy Fund (NYSE:PDX) Announces $0.11 Monthly Dividend

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Thursday, December 12th will be paid a dividend of 0.1133 per share on Thursday, January 2nd. This represents a $1.36 annualized dividend and a dividend yield of 5.08%. The ex-dividend date is Thursday, December 12th.

PIMCO Dynamic Income Strategy Fund Trading Down 0.6 %

Shares of PDX traded down $0.17 during midday trading on Tuesday, hitting $26.78. 107,990 shares of the company’s stock traded hands, compared to its average volume of 95,807. The company’s fifty day moving average is $24.37. PIMCO Dynamic Income Strategy Fund has a 1 year low of $19.15 and a 1 year high of $27.32.

Insider Buying and Selling

In other PIMCO Dynamic Income Strategy Fund news, major shareholder Saba Capital Management, L.P. sold 38,270 shares of PIMCO Dynamic Income Strategy Fund stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $23.49, for a total transaction of $898,962.30. Following the completion of the transaction, the insider now owns 6,321,424 shares in the company, valued at approximately $148,490,249.76. This trade represents a 0.60 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders bought 209,473 shares of company stock worth $5,339,214 and sold 87,621 shares worth $2,061,028.