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

PIMCO New York Municipal Income Fund II (NYSE:PNI) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.0295 per share on Monday, December 2nd. This represents a $0.35 annualized dividend and a yield of 4.75%. The ex-dividend date of this dividend is Tuesday, November 12th.

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

PIMCO New York Municipal Income Fund II Price Performance

Shares of NYSE:PNI opened at $7.45 on Friday. PIMCO New York Municipal Income Fund II has a 1-year low of $6.56 and a 1-year high of $7.96. The business has a 50-day moving average price of $7.65 and a two-hundred day moving average price of $7.49.

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.