PIMCO New York Municipal Income Fund (NYSE:PNF) Plans Monthly Dividend of $0.03

PIMCO New York Municipal Income Fund (NYSE:PNF) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be paid a dividend of 0.0335 per share on Tuesday, October 1st. This represents a $0.40 annualized dividend and a dividend yield of 4.87%. The ex-dividend date is Friday, September 13th.

PIMCO New York Municipal Income Fund has decreased its dividend by an average of 7.3% annually over the last three years.

PIMCO New York Municipal Income Fund Stock Performance

Shares of PNF stock traded up $0.12 during trading hours on Thursday, hitting $8.25. 7,611 shares of the company were exchanged, compared to its average volume of 24,101. PIMCO New York Municipal Income Fund has a one year low of $6.37 and a one year high of $8.40. The business’s 50-day simple moving average is $7.92 and its two-hundred day simple moving average is $7.80.

PIMCO New York Municipal Income Fund Company Profile

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