Ex-Div Reminder For PIMCO Dynamic Income Fund (PDI)

Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, PIMCO Dynamic Income Fund (PDI) PDI will trade ex-dividend, for its monthly dividend of $0.177, payable on 5/1/13. As a percentage of PDI's recent stock price of $30.90, this dividend works out to approximately 0.57%, so look for shares of PIMCO Dynamic Income Fund to trade 0.57% lower — all else being equal — when PDI shares open for trading on 4/9/13.

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Below is a dividend history chart for PDI, showing historical dividends prior to the most recent $0.177 declared by PIMCO Dynamic Income Fund:

PDI+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PDI is likely to continue, and whether the current estimated yield of 6.87% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, PIMCO Dynamic Income Fund shares are currently trading flat on the day.

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