PIMCO New York Municipal Income Fund II (NYSE:PNI – Get Free Report) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Thursday, February 13th will be paid a dividend of 0.0295 per share on Monday, March 3rd. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date of this dividend is Thursday, February 13th.
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 Stock Performance
Shares of PIMCO New York Municipal Income Fund II stock opened at $7.35 on Tuesday. PIMCO New York Municipal Income Fund II has a twelve month low of $6.96 and a twelve month high of $7.96. The business has a 50-day moving average price of $7.26 and a 200-day moving average price of $7.47.
About PIMCO New York Municipal Income Fund II
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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