Pacific American Income Shares (PAI) Receiving Somewhat Favorable News Coverage, Accern Reports

Media headlines about Pacific American Income Shares (NYSE:PAI) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pacific American Income Shares earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.7886477796758 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of Pacific American Income Shares (PAI) traded up 0.45% during mid-day trading on Friday, reaching $15.64. The company had a trading volume of 16,316 shares. Pacific American Income Shares has a 52-week low of $13.59 and a 52-week high of $15.99. The company’s 50-day moving average price is $15.32 and its 200-day moving average price is $14.76.

The business also recently announced a monthly dividend, which was paid on Tuesday, August 1st. Investors of record on Friday, July 21st were paid a $0.0575 dividend. This represents a $0.69 annualized dividend and a dividend yield of 4.41%. The ex-dividend date of this dividend was Wednesday, July 19th.

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Pacific American Income Shares Company Profile

Western Asset Income Fund (the Fund) is a closed-end diversified investment company. The Fund seeks a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. The Fund’s secondary investment objective is capital appreciation.

Insider Buying and Selling by Quarter for Pacific American Income Shares (NYSE:PAI)

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