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

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 5.16%. The ex-dividend date 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 Stock Up 0.5 %

Shares of PIMCO Municipal Income Fund II stock traded up $0.05 during trading on Thursday, reaching $9.19. 17,455 shares of the company traded hands, compared to its average volume of 173,825. PIMCO Municipal Income Fund II has a 1-year low of $6.92 and a 1-year high of $9.21. The company has a 50 day moving average price of $8.64 and a 200-day moving average price of $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.