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

PIMCO Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.0395 per share by the investment management company on Thursday, January 2nd. This represents a $0.47 annualized dividend and a yield of 5.39%. The ex-dividend date of this dividend is Thursday, December 12th.

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

PIMCO Municipal Income Fund II Trading Down 0.2 %

Shares of NYSE:PML traded down $0.02 on Tuesday, hitting $8.80. The company’s stock had a trading volume of 226,395 shares, compared to its average volume of 177,867. PIMCO Municipal Income Fund II has a 12 month low of $8.00 and a 12 month high of $9.52. The stock’s 50-day moving average is $9.01 and its two-hundred day moving average is $8.77.

PIMCO Municipal Income Fund II Company Profile

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.