Pimco Municipal Income Fund II (PML) Plans $0.07 Monthly Dividend

Pimco Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Investors of record on Monday, February 12th will be given a dividend of 0.065 per share by the investment management company on Thursday, March 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 6.26%. The ex-dividend date of this dividend is Friday, February 9th.

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

Pimco Municipal Income Fund II (NYSE PML) traded down $0.17 during midday trading on Friday, hitting $12.47. The company had a trading volume of 439,956 shares, compared to its average volume of 176,876. Pimco Municipal Income Fund II has a 52-week low of $12.21 and a 52-week 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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