PIMCO Access Income: Dividend Insights
Portfolio Pulse from Benzinga Insights
PIMCO Access Income (NYSE:PAXS) announced a monthly dividend of 14.94 cents per share, going ex-dividend on Friday. Shareholders owning PAXS by the end of Thursday are eligible for the dividend, payable on April 01, 2024.

March 05, 2024 | 2:46 pm
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NEUTRAL IMPACT
PIMCO Access Income announces a monthly dividend of 14.94 cents per share, with the ex-dividend date this Friday. Eligible shareholders must own the stock by Thursday.
The announcement of a monthly dividend is a routine event for PIMCO Access Income and is unlikely to significantly impact the stock price in the short term beyond the mechanical adjustment for the dividend payment. The stock is expected to open lower on the ex-dividend date by the amount of the dividend, which is a standard practice and typically does not indicate a change in the company's fundamental value.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100