PIMCO Access Inc Fd: Dividend Insights
Portfolio Pulse from Benzinga Insights
PIMCO Access Inc Fd (NYSE:PAXS) will pay a monthly dividend of 14.94 cents per share. The ex-dividend date is Friday, meaning the stock will trade lower to reflect the payout. Shareholders owning PAXS by the end of Thursday are eligible for the dividend, which will be paid on January 02, 2024.
December 05, 2023 | 2:45 pm
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PIMCO Access Inc Fd (PAXS) will distribute a monthly dividend of 14.94 cents per share, with the ex-dividend date set for Friday. Eligible shareholders must own the stock by the end of Thursday to receive the payment on January 02, 2024.
The announcement of a dividend payout typically has a neutral short-term impact on the stock price, as the reduction in price due to the ex-dividend date is a standard adjustment. However, the news is highly relevant to current shareholders and those considering investing before the ex-dividend date. The importance is significant for income-focused investors. The confidence in this analysis is high due to the routine nature of dividend payouts and their impacts.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100