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

PIMCO New York Municipal Income Fund II (NYSE:PNIGet Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.0295 per share on Monday, February 3rd. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.88%. The ex-dividend date is Monday, January 13th.

PIMCO New York Municipal Income Fund II has decreased its dividend by an average of 9.7% annually over the last three years.

PIMCO New York Municipal Income Fund II Price Performance

NYSE:PNI opened at $7.26 on Friday. PIMCO New York Municipal Income Fund II has a 12-month low of $7.07 and a 12-month high of $7.96. The firm has a 50-day moving average price of $7.37 and a 200 day moving average price of $7.51.

About PIMCO New York Municipal Income Fund II

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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.

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Dividend History for PIMCO New York Municipal Income Fund II (NYSE:PNI)

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