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

PIMCO Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders 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 5.75%. The ex-dividend date of this dividend is Monday, January 13th.

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

PIMCO Municipal Income Fund II Stock Performance

Shares of PML stock traded up $0.06 during trading on Friday, reaching $8.24. The company’s stock had a trading volume of 156,673 shares, compared to its average volume of 168,536. PIMCO Municipal Income Fund II has a one year low of $7.94 and a one year high of $9.52. The business has a fifty day moving average price of $8.59 and a 200-day moving average price of $8.74.

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.