▲ 30 r/dividends
PDI- the long time high yield play
After today’s price drop, to $16.88 per share steady Eddie PDiI a corporate bond fund run by the renowned bond experts at Pimco now pays over a 15.6% annualized dividend - it’s paid the exact same monthly dividend of 22.05 cents per share since the 90’s! With interest rates ticking higher because of inflation fears the price has dropped but I’m not afraid to keep adding it to my portfolio - I can’t resist the great dividends and anything $17 and under is a steal!
u/ConstructionNo8827 — 7 days ago