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

PIMCO Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Thursday, February 13th will be paid a dividend of 0.0395 per share by the investment management company on Monday, March 3rd. This represents a $0.47 annualized dividend and a dividend yield of 5.60%. The ex-dividend date is Thursday, February 13th.

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 Up 0.7 %

Shares of PML traded up $0.06 during midday trading on Tuesday, hitting $8.47. The company’s stock had a trading volume of 187,237 shares, compared to its average volume of 231,506. PIMCO Municipal Income Fund II has a one year low of $7.94 and a one year high of $9.52. The company’s fifty day simple moving average is $8.32 and its two-hundred day simple moving average is $8.69.

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.