PIMCO Municipal Income Fund II Declares Monthly Dividend of $0.04 (NYSE:PML)

PIMCO Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Friday, September 13th will be given a dividend of 0.0395 per share by the investment management company on Tuesday, October 1st. This represents a $0.47 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date of this dividend is Friday, September 13th.

PIMCO Municipal Income Fund II has decreased its dividend payment by an average of 12.5% per year over the last three years.

PIMCO Municipal Income Fund II Trading Up 0.9 %

Shares of NYSE:PML opened at $8.95 on Wednesday. PIMCO Municipal Income Fund II has a 12 month low of $6.92 and a 12 month high of $8.97. The firm’s 50-day moving average is $8.64 and its 200 day moving average is $8.50.

PIMCO Municipal Income Fund II Company Profile

PIMCO Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets. The fund invests in stocks of companies operating across diversified sectors.