Thursday Is Your Last Chance To Buy PIMCO Income Strategy Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
PIMCO Income Strategy (NYSE:PFN) will pay a monthly dividend of 7.18 cents per share, with the ex-dividend date set for Friday. Shareholders must own the stock before the ex-dividend date to be eligible for the dividend, which will be paid on January 02, 2024. The stock is expected to open 7.18 cents lower on the ex-dividend date.
December 05, 2023 | 2:45 pm
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PIMCO Income Strategy (PFN) will distribute a monthly dividend of 7.18 cents per share, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock price of PFN is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend.
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