PIMCO New York Municipal Income Fund II (PNI) to Issue Monthly Dividend of $0.03 on August 1st

PIMCO New York Municipal Income Fund II (NYSE:PNIGet Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Thursday, July 11th will be given a dividend of 0.0295 per share on Thursday, August 1st. This represents a $0.35 annualized dividend and a yield of 4.78%. The ex-dividend date is Thursday, July 11th.

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

PIMCO New York Municipal Income Fund II Price Performance

Shares of PNI opened at $7.41 on Wednesday. PIMCO New York Municipal Income Fund II has a 52-week low of $6.03 and a 52-week high of $7.73. The business’s 50 day moving average price is $7.32 and its two-hundred day moving average price is $7.40.

About PIMCO New York Municipal Income Fund II

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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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Dividend History for PIMCO New York Municipal Income Fund II (NYSE:PNI)

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