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

PIMCO New York Municipal Income Fund II (NYSE:PNI) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders 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 annualized dividend and a 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 Price Performance

PIMCO New York Municipal Income Fund II stock opened at $7.35 on Tuesday. PIMCO New York Municipal Income Fund II has a 1 year low of $6.96 and a 1 year high of $7.96. The firm has a 50-day moving average of $7.26 and a two-hundred day moving average of $7.47.

PIMCO New York Municipal Income Fund II Company Profile

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.