PIMCO Dynamic Income Strategy Fund (NYSE:PDX) Plans — Dividend of $0.37

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a — dividend on Thursday, December 19th,Wall Street Journal reports. Investors of record on Monday, December 30th will be paid a dividend of 0.37 per share on Monday, January 13th. This represents a yield of 5.4%. The ex-dividend date is Monday, December 30th.

PIMCO Dynamic Income Strategy Fund Stock Performance

NYSE:PDX traded up $1.10 on Friday, reaching $25.49. 163,887 shares of the stock traded hands, compared to its average volume of 96,662. PIMCO Dynamic Income Strategy Fund has a 12 month low of $19.15 and a 12 month high of $27.32. The stock’s fifty day moving average is $24.99.

Insider Activity at PIMCO Dynamic Income Strategy Fund

In related news, major shareholder Saba Capital Management, L.P. sold 2,850 shares of the stock in a transaction on Monday, October 7th. The stock was sold at an average price of $24.15, for a total transaction of $68,827.50. Following the sale, the insider now directly owns 6,272,073 shares of the company’s stock, valued at $151,470,562.95. This trade represents a 0.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders bought 232,588 shares of company stock valued at $5,930,463 over the last 90 days.