Pimco Municipal Income Fund (PMF) To Go Ex-Dividend on October 12th
Pimco Municipal Income Fund (NYSE:PMF) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Friday, October 13th will be given a dividend of 0.0597 per share by the financial services provider on Wednesday, November 1st. This represents a $0.72 annualized dividend and a dividend yield of 5.24%. The ex-dividend date of this dividend is Thursday, October 12th.
Pimco Municipal Income Fund has decreased its dividend by an average of 2.9% annually over the last three years.
Pimco Municipal Income Fund (PMF) traded up 0.22% during trading on Wednesday, hitting $13.69. 6,889 shares of the company traded hands. The firm has a 50 day moving average of $13.92 and a 200 day moving average of $13.72. The firm’s market cap is $350.26 million. Pimco Municipal Income Fund has a one year low of $12.74 and a one year high of $16.84.
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Pimco Municipal Income Fund Company Profile
PIMCO Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from federal income tax. The Fund invests approximately 90% of its net assets (and over 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal income tax.
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