Pimco Municipal Income Fund II (NYSE:PML) announced a monthly dividend on Wednesday, July 5th, Wall Street Journal reports. Stockholders of record on Friday, July 14th will be given a dividend of 0.065 per share by the investment management company on Tuesday, August 1st. This represents a $0.78 annualized dividend and a dividend yield of 5.94%. The ex-dividend date is Wednesday, July 12th.

Pimco Municipal Income Fund II has decreased its dividend payment by an average of 2.9% per year over the last three years.

Pimco Municipal Income Fund II (PML) remained flat at $13.13 during midday trading on Wednesday. 94,073 shares of the company traded hands. Pimco Municipal Income Fund II has a 52 week low of $11.57 and a 52 week high of $14.08. The stock has a 50 day moving average of $13.11 and a 200 day moving average of $12.69.

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About Pimco Municipal Income Fund II

PIMCO Municipal Income Fund II (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from federal income tax. The Fund invests approximately 90% of its net assets (and over 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal income tax.

Dividend History for Pimco Municipal Income Fund II (NYSE:PML)

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