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

PIMCO New York Municipal Income Fund II (NYSE:PNI) declared a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be given a dividend of $0.0295 per share on Tuesday, December 1st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Friday, November 13th.

PIMCO New York Municipal Income Fund II Price Performance

Shares of NYSE:PNI opened at $6.58 on Wednesday. PIMCO New York Municipal Income Fund II has a 12 month low of $5.96 and a 12 month high of $7.20. The stock’s 50 day moving average price is $6.39 and its 200 day moving average price is $6.82.

About PIMCO New York Municipal Income Fund II

PIMCO New York Municipal Income Fund II is a closed-end investment company listed on the New York Stock Exchange under the symbol PNI. The fund seeks to provide current income that is exempt from regular federal income tax and New York State and New York City income taxes, subject to applicable tax rules. The fund invests primarily in municipal bonds and other municipal securities issued by or on behalf of New York State, New York City, and related public authorities and governmental entities. Its portfolio may include securities financing public infrastructure and essential services, such as transportation, education, utilities, health care, and housing.