Pimco Municipal Income Fund (NYSE:PMF) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Monday, December 11th will be paid a dividend of 0.0597 per share by the financial services provider on Tuesday, January 2nd. This represents a $0.72 annualized dividend and a yield of 5.47%. The ex-dividend date of this dividend is Friday, December 8th.

Pimco Municipal Income Fund has decreased its dividend payment by an average of 2.9% per year over the last three years.

Shares of Pimco Municipal Income Fund (NYSE:PMF) opened at $13.10 on Thursday. Pimco Municipal Income Fund has a twelve month low of $12.74 and a twelve month high of $15.53.

ILLEGAL ACTIVITY WARNING: This article was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another website, it was illegally stolen and reposted in violation of international trademark & copyright laws. The legal version of this article can be accessed at https://www.thecerbatgem.com/2017/12/07/pimco-municipal-income-fund-pmf-to-issue-monthly-dividend-of-0-06-on-january-2nd.html.

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.

Dividend History for Pimco Municipal Income Fund (NYSE:PMF)

Receive News & Stock Ratings for Pimco Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco Municipal Income Fund and related stocks with our FREE daily email newsletter.