Pimco High Income Fund Dividend Details and Recent Developments: Essential Information Before Jun 12, 2025

The Pimco High Income Fund (PHK) announced a cash dividend of $0.048 per share, with the ex-dividend date set for Jun 12, 2025, and the payment date on Jul 1, 2025. This dividend is noticeably lower than the average of the last ten dividends, which was $0.105 per share. The announcement was made on Jun 2, 2025, continuing from the previous dividend issued on the same date at the same rate. This reflects a consistent payout policy, albeit lower than the historical average.

Recently, the Pimco High Income Fund has been at the forefront of several noteworthy developments. As of late, the fund declared a monthly dividend of $0.05 per share on Jun 4th, with stockholders of record on Jun 12th set to receive the payment. Analysts indicated that PHK experienced a green day on Jun 6th, as the stock gained 0.418%, rising to $4.80 from $4.78. The stock showed a positive trend, breaking its short-term downtrend, suggesting potential for upward movement. However, there are sell signals from the 3-month Moving Average Convergence Divergence (MACD), indicating possible short-term declines. Over the past week, PHK has seen increased trading volume, with 614,000 shares exchanged, totaling approximately $2.95 million. This rise in volume, alongside price movements, provides a bullish technical signal.

Since the last update, PHK has exhibited controlled price movements with low volatility. The stock price fluctuated between a low of $4.77 and a high of $4.80 on the last trading day, with a weekly average volatility of 0.525%. Analysts suggest a hold or accumulate position as PHK shows several positive signals, though not enough to classify it as a strong buy candidate. The predicted fair opening price for Jun 9th is estimated at $4.79.

In conclusion, Pimco High Income Fund continues to demonstrate stability with its dividend announcements and stock performance. The ex-dividend date on Jun 12, 2025, marks the last opportunity for investors to purchase shares and receive the upcoming dividend. Any acquisitions made after this date will not qualify for the dividend payout.