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

PIMCO New York Municipal Income Fund II (NYSE:PNIGet Free Report) declared a monthly dividend on Monday, June 1st. Stockholders of record on Thursday, June 11th will be given a dividend of 0.0295 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Thursday, June 11th.

PIMCO New York Municipal Income Fund II Stock Down 0.4%

PNI stock opened at $7.00 on Tuesday. The business has a 50-day moving average of $6.94 and a 200-day moving average of $6.97. PIMCO New York Municipal Income Fund II has a fifty-two week low of $6.43 and a fifty-two week high of $7.20.

PIMCO New York Municipal Income Fund II Company Profile

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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.

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

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