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

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) announced a — dividend on Friday, December 20th,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 dividend yield of 5.4%. The ex-dividend date of this dividend is Monday, December 30th.

PIMCO Dynamic Income Strategy Fund Stock Up 4.5 %

PDX traded up $1.10 during trading on Friday, hitting $25.49. 163,887 shares of the stock were exchanged, compared to its average volume of 96,662. PIMCO Dynamic Income Strategy Fund has a 1-year low of $19.15 and a 1-year high of $27.32. The company’s fifty day simple moving average is $24.99.

Insider Transactions at PIMCO Dynamic Income Strategy Fund

In related news, major shareholder Saba Capital Management, L.P. sold 46,501 shares of the firm’s stock in a transaction dated Monday, September 30th. The stock was sold at an average price of $23.51, for a total transaction of $1,093,238.51. Following the transaction, the insider now owns 6,274,923 shares of the company’s stock, valued at $147,523,439.73. This trade represents a 0.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Over the last ninety days, insiders have acquired 232,588 shares of company stock worth $5,930,463.