PIMCO Municipal Income Fund (NYSE:PMF) Announces $0.04 Monthly Dividend

PIMCO Municipal Income Fund (NYSE:PMF) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Thursday, July 11th will be given a dividend of 0.042 per share by the financial services provider on Thursday, August 1st. This represents a $0.50 dividend on an annualized basis and a yield of 5.47%. The ex-dividend date is Thursday, July 11th.

PIMCO Municipal Income Fund has decreased its dividend payment by an average of 8.0% annually over the last three years.

PIMCO Municipal Income Fund Stock Up 1.7 %

PIMCO Municipal Income Fund stock traded up $0.15 on Tuesday, reaching $9.22. 99,927 shares of the stock were exchanged, compared to its average volume of 64,952. The firm has a fifty day moving average price of $9.13 and a two-hundred day moving average price of $9.28. PIMCO Municipal Income Fund has a twelve month low of $7.69 and a twelve month high of $10.47.

PIMCO Municipal Income Fund Company Profile

PIMCO Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.