PIMCO New York Municipal Income Fund Declares Monthly Dividend of $0.03 (NYSE:PNF)

PIMCO New York Municipal Income Fund (NYSE:PNF) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.0335 per share on Thursday, January 2nd. This represents a $0.40 annualized dividend and a dividend yield of 5.04%. The ex-dividend date of this dividend is Thursday, December 12th.

PIMCO New York Municipal Income Fund has decreased its dividend payment by an average of 7.3% annually over the last three years.

PIMCO New York Municipal Income Fund Price Performance

Shares of PIMCO New York Municipal Income Fund stock traded down $0.04 during trading on Tuesday, hitting $7.97. The stock had a trading volume of 40,394 shares, compared to its average volume of 23,198. The firm’s fifty day simple moving average is $8.11 and its 200-day simple moving average is $7.98. PIMCO New York Municipal Income Fund has a 12 month low of $7.43 and a 12 month high of $8.40.

PIMCO New York Municipal Income Fund Company Profile

PIMCO New York 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 fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors.