PIMCO New York Municipal Income Fund II (PNI) to Issue Monthly Dividend of $0.03 on September 1st

PIMCO New York Municipal Income Fund II (NYSE:PNIGet Free Report) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Thursday, August 13th will be paid a dividend of 0.0295 per share on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Thursday, August 13th.

PIMCO New York Municipal Income Fund II Stock Performance

Shares of NYSE:PNI opened at $6.95 on Tuesday. The firm has a 50 day moving average of $6.98 and a 200-day moving average of $6.98. PIMCO New York Municipal Income Fund II has a 12 month low of $6.48 and a 12 month high of $7.20.

About PIMCO New York Municipal Income Fund II

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PIMCO New York Municipal Income Fund II (NYSE: PNI) is a closed-end management investment company that seeks to provide a high level of current income exempt from both federal and New York State income taxes. The fund is managed by Pacific Investment Management Company LLC (PIMCO), a global fixed income investment firm. PNI invests primarily in investment-grade municipal obligations issued by or on behalf of the state of New York, its municipalities and related public authorities.

The fund’s portfolio is constructed with a focus on New York state general obligation and revenue bonds, including transportation, education, healthcare and utility-backed securities.

Further Reading

Dividend History for PIMCO New York Municipal Income Fund II (NYSE:PNI)

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