PIMCO ETF Trust (HYS) to Issue Dividend Increase – $0.39 Per Share

PIMCO ETF Trust (NYSEARCA:HYS) announced a monthly dividend on Thursday, December 28th, Wall Street Journal reports. Stockholders of record on Friday, December 29th will be given a dividend of 0.3863 per share on Wednesday, January 3rd. This represents a $4.64 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date of this dividend is Thursday, December 28th. This is a boost from PIMCO ETF Trust’s previous monthly dividend of $0.38.

Shares of PIMCO ETF Trust (HYS) traded up $0.18 on Friday, reaching $100.89. 426,400 shares of the company were exchanged, compared to its average volume of 357,737. PIMCO ETF Trust has a 52-week low of $99.25 and a 52-week high of $101.95.

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