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

PIMCO New York Municipal Income Fund II (NYSE:PNI) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be given a dividend of $0.0295 per share on Tuesday, December 1st. This represents a $0.35 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Friday, November 13th.

PIMCO New York Municipal Income Fund II Price Performance

Shares of NYSE:PNI traded down $0.02 during midday trading on Tuesday, reaching $6.54. 7,020 shares of the company were exchanged, compared to its average volume of 63,983. The business’s fifty day moving average is $6.42 and its two-hundred day moving average is $6.84. PIMCO New York Municipal Income Fund II has a one year low of $5.96 and a one year high of $7.20.

PIMCO New York Municipal Income Fund II Company Profile

PIMCO New York Municipal Income Fund II is a closed-end investment company listed on the New York Stock Exchange under the symbol PNI. The fund seeks to provide current income that is exempt from regular federal income tax and New York State and New York City income taxes, subject to applicable tax rules.

The fund invests primarily in municipal bonds and other municipal securities issued by or on behalf of New York State, New York City, and related public authorities and governmental entities.