PIMCO Municipal Income Fund II (PML) to Issue Monthly Dividend of $0.04 on November 1st

PIMCO Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Tuesday, October 1st, NASDAQ reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.0395 per share by the investment management company on Friday, November 1st. This represents a $0.47 annualized dividend and a dividend yield of 5.09%. The ex-dividend date is Friday, October 11th.

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

PIMCO Municipal Income Fund II Trading Up 0.5 %

Shares of PML opened at $9.32 on Wednesday. The stock has a 50 day moving average price of $8.93 and a 200 day moving average price of $8.61. PIMCO Municipal Income Fund II has a one year low of $6.92 and a one year high of $9.52.

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.