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

PIMCO New York Municipal Income Fund II (NYSE:PNI) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.0295 per share on Tuesday, April 1st. This represents a $0.35 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend is Thursday, March 13th.

PIMCO New York Municipal Income Fund II Stock Performance

Shares of PNI stock opened at $7.32 on Tuesday. The firm has a 50 day moving average price of $7.25 and a two-hundred day moving average price of $7.44. PIMCO New York Municipal Income Fund II has a 12-month low of $6.96 and a 12-month high of $7.96.

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.