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

PIMCO New York Municipal Income Fund (NYSE:PNF) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Thursday, February 13th will be paid a dividend of 0.0335 per share on Monday, March 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 5.21%. The ex-dividend date is Thursday, February 13th.

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

PIMCO New York Municipal Income Fund Stock Performance

PIMCO New York Municipal Income Fund stock traded up $0.08 during mid-day trading on Tuesday, reaching $7.72. The company had a trading volume of 20,459 shares, compared to its average volume of 21,666. PIMCO New York Municipal Income Fund has a fifty-two week low of $7.29 and a fifty-two week high of $8.40. The business has a fifty day simple moving average of $7.62 and a 200 day simple moving average of $7.90.

PIMCO New York Municipal Income Fund Company Profile

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.