PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be paid a dividend of 0.042 per share by the financial services provider on Tuesday, October 1st. This represents a $0.50 annualized dividend and a dividend yield of 5.26%. The ex-dividend date of this dividend is Friday, September 13th.
PIMCO Municipal Income Fund has decreased its dividend by an average of 8.0% per year over the last three years.
PIMCO Municipal Income Fund Price Performance
Shares of PMF stock opened at $9.59 on Wednesday. PIMCO Municipal Income Fund has a 52-week low of $7.69 and a 52-week high of $9.73. The company’s 50 day moving average is $9.37 and its 200 day moving average is $9.27.
About PIMCO Municipal Income Fund
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.
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