PIMCO Dynamic Income Strategy Fund (NYSE:PDX) Announces 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 paid a dividend of 0.1334 per share on Monday, March 3rd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date of this dividend is Thursday, February 13th.

PIMCO Dynamic Income Strategy Fund Price Performance

Shares of PDX traded down $0.03 during mid-day trading on Tuesday, hitting $26.28. 220,808 shares of the company’s stock were exchanged, compared to its average volume of 524,532. PIMCO Dynamic Income Strategy Fund has a fifty-two week low of $19.15 and a fifty-two week high of $32.88. The business’s 50 day moving average is $27.04 and its two-hundred day moving average is $24.74.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. bought 731,721 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The shares were purchased at an average price of $27.60 per share, for a total transaction of $20,195,499.60. Following the completion of the transaction, the insider now owns 7,541,934 shares in the company, valued at $208,157,378.40. The trade was a 10.74 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders bought 966,309 shares of company stock valued at $26,176,242 over the last ninety days.