Pimco Hif (NYSE:PHK) to Issue $0.08 Monthly Dividend

Pimco Hif (NYSE:PHK) announced a monthly dividend on Friday, November 3rd, Wall Street Journal reports. Investors of record on Monday, November 13th will be given a dividend of 0.0807 per share by the investment management company on Friday, December 1st. This represents a $0.97 dividend on an annualized basis and a dividend yield of 12.95%. The ex-dividend date of this dividend is Friday, November 10th.

Pimco Hif has decreased its dividend payment by an average of 8.0% per year over the last three years.

Pimco Hif (PHK) opened at $7.48 on Tuesday. Pimco Hif has a 1-year low of $7.45 and a 1-year high of $9.97.

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Pimco Hif Company Profile

PIMCO High Income Fund is a closed-end management investment company. The Fund’s primary investment objective is to seek high current income, with capital appreciation as a secondary objective. The Fund will not invest more than 25% of total assets in non-United States-dollar-denominated securities. The Fund will not invest more than 40% of total assets in securities of issuers located in emerging market countries.

Dividend History for Pimco Hif (NYSE:PHK)

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