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

PIMCO New York Municipal Income Fund II (NYSE:PNI) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Thursday, February 13th will be given a dividend of 0.0295 per share on Monday, March 3rd. This represents a $0.35 annualized dividend and a dividend yield of 4.88%. The ex-dividend date is Thursday, February 13th.

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

PIMCO New York Municipal Income Fund II Stock Up 0.6 %

PIMCO New York Municipal Income Fund II stock traded up $0.04 during trading hours on Tuesday, hitting $7.25. The company had a trading volume of 36,749 shares, compared to its average volume of 69,111. The firm has a 50-day moving average of $7.27 and a 200 day moving average of $7.47. PIMCO New York Municipal Income Fund II has a one year low of $6.96 and a one year high of $7.96.

About PIMCO New York Municipal Income Fund II

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.