PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be given a dividend of 0.042 per share by the financial services provider on Tuesday, October 1st. This represents a $0.50 annualized dividend and a dividend yield of 5.26%. The ex-dividend date is Friday, September 13th.
PIMCO Municipal Income Fund has decreased its dividend payment by an average of 8.0% annually over the last three years.
PIMCO Municipal Income Fund Stock Up 0.5 %
Shares of PIMCO Municipal Income Fund stock opened at $9.59 on Wednesday. The firm’s 50 day moving average price is $9.37 and its 200-day moving average price is $9.27. PIMCO Municipal Income Fund has a 52-week low of $7.69 and a 52-week high of $9.73.
About PIMCO Municipal Income Fund
PIMCO Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.
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