Pimco Municipal Income Fund II (NYSE:PML) announced a monthly dividend on Thursday, September 7th, Wall Street Journal reports. Investors of record on Monday, September 11th will be paid a dividend of 0.065 per share by the investment management company on Monday, October 2nd. This represents a $0.78 annualized dividend and a yield of 5.82%. The ex-dividend date is Friday, September 8th.

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

Shares of Pimco Municipal Income Fund II (NYSE:PML) traded up 0.15% during midday trading on Thursday, reaching $13.42. 41,722 shares of the company traded hands. The company has a 50-day moving average of $13.36 and a 200 day moving average of $13.00. Pimco Municipal Income Fund II has a 12-month low of $11.57 and a 12-month high of $13.84.

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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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