PIMCO New York Municipal Income Fund II Announces Monthly Dividend of $0.03 (NYSE:PNI)

PIMCO New York Municipal Income Fund II (NYSE:PNI) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.0295 per share on Thursday, January 2nd. This represents a $0.35 annualized dividend and a yield of 4.68%. The ex-dividend date is Thursday, December 12th.

PIMCO New York Municipal Income Fund II has decreased its dividend by an average of 9.7% annually over the last three years.

PIMCO New York Municipal Income Fund II Stock Up 0.1 %

PIMCO New York Municipal Income Fund II stock traded up $0.01 during midday trading on Tuesday, hitting $7.56. 82,632 shares of the company were exchanged, compared to its average volume of 32,842. PIMCO New York Municipal Income Fund II has a fifty-two week low of $7.07 and a fifty-two week high of $7.96. The business has a fifty day simple moving average of $7.55 and a two-hundred day simple moving average of $7.51.

About PIMCO New York Municipal Income Fund II

PIMCO New York Municipal Income Fund II is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in municipal bonds that pay interest that is exempt from federal, New York State, and New York City income tax.