PIMCO New York Municipal Income Fund II (NYSE:PNI) Plans $0.03 Monthly Dividend

by · The Cerbat Gem

PIMCO New York Municipal Income Fund II (NYSE:PNI – Get Free Report) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.0295 per share on Thursday, January 2nd. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date of this dividend is Thursday, December 12th.

PIMCO New York Municipal Income Fund II has decreased its dividend by an average of 9.7% per year over the last three years.

PIMCO New York Municipal Income Fund II Trading Up 0.1 %

Shares of NYSE:PNI traded up $0.01 during mid-day trading on Tuesday, reaching $7.56. 82,632 shares of the company traded hands, compared to its average volume of 32,842. The company’s 50 day moving average price is $7.55 and its 200-day moving average price is $7.51. PIMCO New York Municipal Income Fund II has a 52 week low of $7.07 and a 52 week high of $7.96.

PIMCO New York Municipal Income Fund II Company Profile

(Get Free Report)

PIMCO New York Municipal Income Fund II is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in municipal bonds that pay interest that is exempt from federal, New York State, and New York City income tax.

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