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

PIMCO Municipal Income Fund II (NYSE:PML) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be paid 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 5.75%. 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 Stock Up 0.7 %

Shares of NYSE PML traded up $0.06 during midday trading on Friday, reaching $8.24. The stock had a trading volume of 156,673 shares, compared to its average volume of 168,536. PIMCO Municipal Income Fund II has a twelve month low of $7.94 and a twelve month high of $9.52. The company’s 50 day moving average price is $8.59 and its 200 day moving average price is $8.74.

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.