Pimco Municipal Income Fund Plans Monthly Dividend of $0.08 (PMF)
Pimco Municipal Income Fund (NYSE:PMF) announced a monthly dividend on Tuesday, June 3rd, Analyst RN reports. Stockholders of record on Thursday, June 12th will be paid a dividend of 0.0813 per share on Tuesday, July 1st. This represents a $0.98 annualized dividend and a dividend yield of 6.86%. The ex-dividend date is Tuesday, June 10th.
Pimco Municipal Income Fund (NYSE:PMF) traded down 0.14% on Tuesday, hitting $14.2001. 115,064 shares of the company’s stock traded hands. Pimco Municipal Income Fund has a one year low of $11.68 and a one year high of $14.74. The stock has a 50-day moving average of $13.93 and a 200-day moving average of $13.21.
In other Pimco Municipal Income Fund news, Insider William H. Gross bought 30,681 shares of Pimco Municipal Income Fund stock on the open market in a transaction dated Tuesday, May 20th. The stock was purchased at an average price of $14.40 per share, with a total value of $441,806.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
PIMCO Municipal Income Fund (NYSE:PMF) is non-diversified, closed-end management investment company.
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