PIMCO New York Municipal Income Fund II (PNI) To Go Ex-Dividend on November 12th

PIMCO New York Municipal Income Fund II (NYSE:PNI) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Tuesday, November 12th will be paid a dividend of 0.0295 per share on Monday, December 2nd. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.75%. The ex-dividend date of this dividend is Tuesday, November 12th.

PIMCO New York Municipal Income Fund II has decreased its dividend payment by an average of 9.7% per year over the last three years.

PIMCO New York Municipal Income Fund II Trading Up 0.9 %

Shares of NYSE PNI opened at $7.45 on Friday. PIMCO New York Municipal Income Fund II has a 12-month low of $6.56 and a 12-month high of $7.96. The firm’s 50-day simple moving average is $7.65 and its 200 day simple moving average is $7.49.

PIMCO New York Municipal Income Fund II Company Profile

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.