PIMCO Municipal Income Fund II (PML) to Issue Monthly Dividend of $0.04 on February 3rd

PIMCO Municipal Income Fund II (NYSE:PML) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be paid 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 5.85%. The ex-dividend date is Monday, January 13th.

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

PIMCO Municipal Income Fund II Trading Down 1.8 %

Shares of PML opened at $8.10 on Friday. PIMCO Municipal Income Fund II has a 52-week low of $7.94 and a 52-week high of $9.52. The company has a 50-day simple moving average of $8.53 and a 200-day simple moving average of $8.73.

About PIMCO Municipal Income Fund II

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.