PIMCO New York Municipal Income Fund II (PNI) to Issue Monthly Dividend of $0.03 on November 1st

PIMCO New York Municipal Income Fund II (NYSE:PNI) declared a monthly dividend on Tuesday, October 1st, NASDAQ reports. Stockholders of record on Friday, October 11th will be paid a dividend of 0.0295 per share on Friday, November 1st. This represents a $0.35 annualized dividend and a dividend yield of 4.51%. The ex-dividend date is Friday, October 11th.

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

PIMCO New York Municipal Income Fund II Trading Down 0.3 %

Shares of PIMCO New York Municipal Income Fund II stock opened at $7.85 on Thursday. PIMCO New York Municipal Income Fund II has a 12 month low of $6.03 and a 12 month high of $7.96. The business’s 50-day moving average price is $7.65 and its 200-day moving average price is $7.45.

PIMCO New York Municipal Income Fund II Company Profile

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.