PIMCO Municipal Income Fund II (NYSE:PML – Get Free Report) declared a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Monday, August 12th will be given a dividend of 0.04 per share by the investment management company on Tuesday, September 3rd. This represents a $0.48 annualized dividend and a dividend yield of 5.49%. The ex-dividend date of this dividend is Monday, August 12th. This is an increase from PIMCO Municipal Income Fund II’s previous monthly dividend of $0.04.
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 Price Performance
NYSE PML traded up $0.10 on Friday, hitting $8.75. The company had a trading volume of 193,490 shares, compared to its average volume of 177,470. The company’s fifty day moving average price is $8.54 and its 200-day moving average price is $8.44. PIMCO Municipal Income Fund II has a 12-month low of $6.92 and a 12-month high of $9.08.
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.
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