TCW Strategic Income Fund, Inc. (NYSE:TSI) Declares Quarterly Dividend of $0.06

TCW Strategic Income Fund, Inc. (NYSE:TSI) declared a quarterly dividend on Tuesday, December 17th,Wall Street Journal reports. Shareholders of record on Tuesday, December 31st will be given a dividend of 0.06 per share by the financial services provider on Friday, January 10th. This represents a $0.24 dividend on an annualized basis and a yield of 4.83%. The ex-dividend date of this dividend is Tuesday, December 31st.

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 Price Performance

Shares of NYSE:TSI opened at $4.97 on Friday. The company’s fifty day moving average is $5.01 and its two-hundred day moving average is $4.98. TCW Strategic Income Fund has a 1-year low of $4.52 and a 1-year high of $5.21.

Insider Activity at TCW Strategic Income Fund

In other TCW Strategic Income Fund news, Director Andrew Tarica sold 10,799 shares of TCW Strategic Income Fund stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $5.08, for a total value of $54,858.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 24,599 shares of company stock valued at $124,501 in the last quarter. Insiders own 0.16% of the company’s stock.

About TCW Strategic Income Fund

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.