PIMCO ETF Trust (LDUR) Raises Dividend to $0.27 Per Share

PIMCO ETF Trust (NYSEARCA:LDUR) 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 0.2677 per share on Wednesday, January 3rd. This represents a $3.21 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date of this dividend is Thursday, December 28th. This is a boost from PIMCO ETF Trust’s previous monthly dividend of $0.19.

Shares of PIMCO ETF Trust (LDUR) traded up $0.08 on Friday, reaching $100.29. 8,100 shares of the company were exchanged, compared to its average volume of 9,863. PIMCO ETF Trust has a 52-week low of $100.09 and a 52-week high of $101.52.

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