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

PIMCO Municipal Income Fund II (NYSE:PML) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.0395 per share by the investment management company on Tuesday, October 1st. This represents a $0.47 annualized dividend and a dividend yield of 5.16%. The ex-dividend date of this dividend is Friday, September 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 Stock Performance

Shares of NYSE PML traded up $0.05 during trading on Thursday, hitting $9.19. The stock had a trading volume of 17,455 shares, compared to its average volume of 173,825. PIMCO Municipal Income Fund II has a 12 month low of $6.92 and a 12 month high of $9.21. The firm has a fifty day moving average of $8.64 and a two-hundred day moving average of $8.50.

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.