PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.042 per share by the financial services provider on Monday, February 3rd. This represents a $0.50 annualized dividend and a dividend yield of 5.58%. The ex-dividend date is Monday, January 13th.
PIMCO Municipal Income Fund has decreased its dividend payment by an average of 8.0% annually over the last three years.
PIMCO Municipal Income Fund Trading Down 0.6 %
NYSE PMF traded down $0.05 during trading hours on Friday, reaching $9.04. 82,001 shares of the company traded hands, compared to its average volume of 69,800. PIMCO Municipal Income Fund has a 12 month low of $8.83 and a 12 month high of $10.50. The company has a 50 day moving average of $9.49 and a two-hundred day moving average of $9.53.
About PIMCO Municipal Income Fund
PIMCO 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 the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.
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