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

PIMCO Municipal Income Fund II (NYSE:PMLGet Free Report) announced a monthly dividend on Monday, April 1st, investing.com reports. Stockholders of record on Thursday, April 11th will be given a dividend of 0.0395 per share by the investment management company on Wednesday, May 1st. This represents a $0.47 annualized dividend and a dividend yield of 5.62%. The ex-dividend date of this dividend is Wednesday, April 10th.

PIMCO Municipal Income Fund II Trading Up 0.3 %

NYSE:PML opened at $8.44 on Wednesday. PIMCO Municipal Income Fund II has a twelve month low of $6.92 and a twelve month high of $9.46. The stock has a fifty day simple moving average of $8.47 and a 200-day simple moving average of $8.10.

Institutional Trading of PIMCO Municipal Income Fund II

Several institutional investors and hedge funds have recently made changes to their positions in the business. Moors & Cabot Inc. increased its stake in shares of PIMCO Municipal Income Fund II by 7.1% during the first quarter. Moors & Cabot Inc. now owns 15,000 shares of the investment management company’s stock valued at $173,000 after buying an additional 1,000 shares during the period. NewEdge Advisors LLC increased its stake in shares of PIMCO Municipal Income Fund II by 16.2% during the first quarter. NewEdge Advisors LLC now owns 30,199 shares of the investment management company’s stock valued at $347,000 after buying an additional 4,200 shares during the period. Meridian Wealth Partners LLC purchased a new position in shares of PIMCO Municipal Income Fund II during the first quarter valued at $230,000. Rivernorth Capital Management LLC purchased a new position in shares of PIMCO Municipal Income Fund II during the first quarter valued at $193,000. Finally, Royal Bank of Canada increased its stake in shares of PIMCO Municipal Income Fund II by 7.1% during the first quarter. Royal Bank of Canada now owns 156,457 shares of the investment management company’s stock valued at $1,799,000 after buying an additional 10,347 shares during the period.

About PIMCO Municipal Income Fund II

(Get Free Report)

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.

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Dividend History for PIMCO Municipal Income Fund II (NYSE:PML)

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