PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Thursday, July 11th will be paid a dividend of 0.042 per share by the financial services provider on Thursday, August 1st. This represents a $0.50 dividend on an annualized basis and a yield of 5.47%. The ex-dividend date of this dividend is Thursday, July 11th.
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 Stock Up 1.7 %
Shares of NYSE PMF opened at $9.22 on Wednesday. PIMCO Municipal Income Fund has a 1-year low of $7.69 and a 1-year high of $10.47. The business’s fifty day moving average price is $9.14 and its two-hundred day moving average price is $9.28.
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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