PIMCO Municipal Income Fund II (NYSE:PML) to Issue $0.04 Monthly Dividend

PIMCO Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders 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 annualized dividend and a 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 Trading Up 0.9 %

NYSE PML traded up $0.08 on Tuesday, hitting $8.55. 196,296 shares of the stock were exchanged, compared to its average volume of 179,851. PIMCO Municipal Income Fund II has a fifty-two week low of $6.92 and a fifty-two week high of $9.45. The company has a 50-day moving average price of $8.42 and a 200-day moving average price of $8.41.

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.