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

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 given a dividend of 0.1133 per share on Thursday, January 2nd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date is Thursday, December 12th.

PIMCO Dynamic Income Strategy Fund Stock Down 0.6 %

Shares of NYSE:PDX traded down $0.17 during trading on Tuesday, reaching $26.78. 107,990 shares of the company’s stock traded hands, compared to its average volume of 95,807. PIMCO Dynamic Income Strategy Fund has a fifty-two week low of $19.15 and a fifty-two week high of $27.32. The stock has a 50-day simple moving average of $24.37.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. acquired 92,819 shares of the stock in a transaction that occurred on Thursday, November 14th. The shares were bought at an average cost of $24.79 per share, for a total transaction of $2,300,983.01. Following the acquisition, the insider now owns 6,364,181 shares in the company, valued at approximately $157,768,046.99. This represents a 1.48 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders have bought 209,473 shares of company stock worth $5,339,214 and have sold 87,621 shares worth $2,061,028.