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

PIMCO Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be given a dividend of 0.0395 per share by the investment management company on Monday, February 3rd. This represents a $0.47 annualized dividend and a yield of 5.85%. The ex-dividend date of this dividend is Monday, January 13th.

PIMCO Municipal Income Fund II has decreased its dividend by an average of 12.5% annually over the last three years.

PIMCO Municipal Income Fund II Trading Down 1.8 %

PML stock opened at $8.10 on Friday. The company’s 50 day simple moving average is $8.53 and its 200-day simple moving average is $8.73. PIMCO Municipal Income Fund II has a 12 month low of $7.94 and a 12 month 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.