PIMCO New York Municipal Income Fund to Issue Monthly Dividend of $0.03 (NYSE:PNF)

PIMCO New York Municipal Income Fund (NYSE:PNFGet Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be paid a dividend of 0.0335 per share on Monday, February 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date of this dividend is Monday, January 13th.

PIMCO New York Municipal Income Fund has decreased its dividend payment by an average of 7.3% per year over the last three years.

PIMCO New York Municipal Income Fund Stock Up 0.7 %

NYSE:PNF traded up $0.05 during mid-day trading on Friday, reaching $7.55. The company’s stock had a trading volume of 30,367 shares, compared to its average volume of 27,083. The company’s fifty day simple moving average is $7.84 and its two-hundred day simple moving average is $7.95. PIMCO New York Municipal Income Fund has a twelve month low of $7.36 and a twelve month high of $8.40.

About PIMCO New York Municipal Income Fund

(Get Free Report)

PIMCO New York Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

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

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