Pimco Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be paid a dividend of 0.065 per share by the investment management company on Thursday, February 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.87%. The ex-dividend date of this dividend is Thursday, January 11th.

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

Shares of Pimco Municipal Income Fund II (NYSE PML) traded up $0.05 during trading on Wednesday, reaching $13.28. The company’s stock had a trading volume of 200,023 shares, compared to its average volume of 221,400. Pimco Municipal Income Fund II has a 1-year low of $12.21 and a 1-year high of $13.56.

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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.

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

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