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

PIMCO Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.0395 per share by the investment management company on Monday, February 3rd. This represents a $0.47 annualized dividend and a dividend yield of 5.75%. The ex-dividend date is Monday, January 13th.

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

PIMCO Municipal Income Fund II Trading Up 0.7 %

NYSE:PML traded up $0.06 during mid-day trading on Friday, hitting $8.24. The stock had a trading volume of 156,673 shares, compared to its average volume of 168,536. The company’s 50 day simple moving average is $8.59 and its 200 day simple moving average is $8.74. PIMCO Municipal Income Fund II has a twelve month low of $7.94 and a twelve month high of $9.52.

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.