TCW Strategic Income Fund, Inc. (NYSE:TSI – Get Free Report) announced a quarterly dividend on Monday, September 16th, Zacks reports. Shareholders of record on Monday, September 30th will be paid a dividend of 0.06 per share by the financial services provider on Friday, October 11th. This represents a $0.24 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend is Monday, September 30th.
TCW Strategic Income Fund has decreased its dividend payment by an average of 4.5% per year over the last three years.
TCW Strategic Income Fund Stock Performance
TSI stock opened at $5.15 on Friday. TCW Strategic Income Fund has a 1-year low of $4.48 and a 1-year high of $5.21. The business has a fifty day moving average price of $5.04 and a 200-day moving average price of $4.81.
TCW Strategic Income Fund Company Profile
TCW Strategic Income Fund, Inc is a close-ended balanced mutual fund launched by The TCW Group, Inc The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors.
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