PIMCO High Income Fund Announces $0.048 Monthly Dividend
The PIMCO High Income Fund (NYSE: PHK) has declared a monthly dividend of $0.048 per share, resulting in an annualized forward yield of approximately 13.91%. The dividend is payable on November 2 to shareholders who owned the fund as of October 13; shares will trade ex-dividend starting that same date. The announcement comes amid a challenging environment for bond markets, with weakening outlooks potentially impacting performance. Investors are advised to consider both yield and risk factors when evaluating PHK's dividend sustainability in light of broader market conditions.
Tickers: $PHK
Topics: dividend PIMCO High Income Fund