PIMCO Dynamic Income's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
PIMCO Dynamic Income (NYSE:PDI) announced it will pay a monthly dividend of 22.05 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 22.05 cents lower. Shareholders owning PDI by the end of Tuesday's session are eligible for the dividend, which will be paid out on August 01, 2023.
July 07, 2023 | 2:46 pm
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PIMCO Dynamic Income's stock will likely open lower on Wednesday due to the ex-dividend date. The dividend will be paid out on August 01, 2023.
The ex-dividend date is the deadline to buy a stock and still receive its recently declared dividend. Stocks usually drop by the amount of the dividend on the ex-dividend date, which in this case is 22.05 cents per share for PDI. This is a significant event for shareholders and potential investors.
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