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

PIMCO New York Municipal Income Fund II (NYSE:PNI) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.0295 per share on Tuesday, October 1st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date of this dividend is Friday, September 13th.

PIMCO New York Municipal Income Fund II Trading Up 0.5 %

Shares of NYSE PNI opened at $7.80 on Thursday. PIMCO New York Municipal Income Fund II has a one year low of $6.03 and a one year high of $7.84. The firm’s 50 day simple moving average is $7.54 and its two-hundred day simple moving average is $7.41.

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.