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

PIMCO Municipal Income Fund II (NYSE:PML) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Thursday, December 12th will be paid 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 5.44%. 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% annually over the last three years.

PIMCO Municipal Income Fund II Trading Down 0.5 %

PML opened at $8.72 on Tuesday. The firm’s 50 day simple moving average is $8.96 and its two-hundred day simple moving average is $8.78. PIMCO Municipal Income Fund II has a 1-year low of $8.00 and a 1-year high of $9.52.

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.