Pimco Municipal Income Fund II (NYSE:PML) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, October 13th will be paid a dividend of 0.065 per share by the investment management company on Wednesday, November 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date of this dividend is Thursday, October 12th.

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

Shares of Pimco Municipal Income Fund II (NYSE:PML) traded up 0.38% during mid-day trading on Tuesday, hitting $13.22. The company’s stock had a trading volume of 111,577 shares. The stock has a 50-day moving average of $13.27 and a 200-day moving average of $13.10. Pimco Municipal Income Fund II has a 12-month low of $11.57 and a 12-month high of $13.55.

TRADEMARK VIOLATION NOTICE: This piece was originally published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this piece can be viewed at https://www.dailypolitical.com/2017/10/03/pimco-municipal-income-fund-ii-pml-announces-0-07-monthly-dividend.html.

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)

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.