Pimco Municipal Income Fund II (PML) to Issue Monthly Dividend of $0.07
Pimco Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Friday, November 3rd, Wall Street Journal reports. Investors of record on Monday, November 13th will be paid a dividend of 0.065 per share by the investment management company on Friday, December 1st. This represents a $0.78 annualized dividend and a dividend yield of 5.92%. The ex-dividend date of this dividend is Friday, November 10th.
Pimco Municipal Income Fund II has decreased its dividend payment by an average of 2.9% annually over the last three years.
Shares of Pimco Municipal Income Fund II (NYSE:PML) traded up $0.04 on Friday, hitting $13.17. The company had a trading volume of 75,427 shares.
TRADEMARK VIOLATION WARNING: This piece of content was first published by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another site, it was stolen and reposted in violation of US and international copyright law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/11/03/pimco-municipal-income-fund-ii-pml-to-issue-monthly-dividend-of-0-07.html.
Pimco Municipal Income Fund II Company Profile
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.
Receive News & Ratings for Pimco Municipal Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco Municipal Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.