PIMCO New York Municipal Income Fund II (PNI) To Go Ex-Dividend on April 11th

PIMCO New York Municipal Income Fund II (NYSE:PNI) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Friday, April 11th will be paid a dividend of 0.0295 per share on Thursday, May 1st. This represents a $0.35 annualized dividend and a dividend yield of 4.96%. The ex-dividend date is Friday, April 11th.

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

PIMCO New York Municipal Income Fund II Stock Down 0.4 %

Shares of PNI opened at $7.13 on Friday. The firm’s 50 day moving average price is $7.25 and its two-hundred day moving average price is $7.38. PIMCO New York Municipal Income Fund II has a twelve month low of $6.96 and a twelve month high of $7.96.

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.