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

PIMCO Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Monday, August 12th will be given a dividend of 0.04 per share by the investment management company on Tuesday, September 3rd. This represents a $0.48 annualized dividend and a yield of 5.49%. The ex-dividend date is Monday, August 12th. This is a positive change from PIMCO Municipal Income Fund II’s previous monthly dividend of $0.04.

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

PML traded up $0.10 during trading on Friday, reaching $8.75. The company had a trading volume of 193,490 shares, compared to its average volume of 177,470. PIMCO Municipal Income Fund II has a 12 month low of $6.92 and a 12 month high of $9.08. The business’s fifty day moving average price is $8.54 and its 200 day moving average price is $8.44.

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.