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

PIMCO New York Municipal Income Fund (NYSE:PNFGet Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.0335 per share on Tuesday, April 1st. This represents a $0.40 dividend on an annualized basis and a yield of 5.20%. The ex-dividend date is Thursday, March 13th.

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

PIMCO New York Municipal Income Fund Stock Performance

Shares of NYSE PNF traded down $0.06 during midday trading on Tuesday, hitting $7.73. The stock had a trading volume of 8,942 shares, compared to its average volume of 25,687. The company has a fifty day moving average price of $7.59 and a 200 day moving average price of $7.88. PIMCO New York Municipal Income Fund has a 1-year low of $7.29 and a 1-year high of $8.39.

About PIMCO New York Municipal Income Fund

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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.

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

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