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

PIMCO Municipal Income Fund II (NYSE:PML) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Thursday, July 11th will be given a dividend of 0.0395 per share by the investment management company on Thursday, August 1st. This represents a $0.47 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date of this dividend is Thursday, July 11th.

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

PIMCO Municipal Income Fund II Stock Performance

PIMCO Municipal Income Fund II stock traded up $0.08 during mid-day trading on Tuesday, hitting $8.55. The company had a trading volume of 196,296 shares, compared to its average volume of 179,851. The business has a fifty day moving average of $8.42 and a 200 day moving average of $8.41. PIMCO Municipal Income Fund II has a 1 year low of $6.92 and a 1 year high of $9.45.

About PIMCO Municipal Income Fund II

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.