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

by · The Markets Daily

PIMCO New York Municipal Income Fund II (NYSE:PNI – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.0295 per share on Monday, December 2nd. This represents a $0.35 annualized dividend and a yield of 4.75%. The ex-dividend date is Tuesday, November 12th.

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

PIMCO New York Municipal Income Fund II Price Performance

PNI stock opened at $7.45 on Friday. PIMCO New York Municipal Income Fund II has a 52-week low of $6.56 and a 52-week high of $7.96. The company’s 50-day simple moving average is $7.65 and its 200-day simple moving average is $7.49.

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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