PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be paid a dividend of 0.042 per share by the financial services provider on Monday, February 3rd. This represents a $0.50 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date is Monday, January 13th.
PIMCO Municipal Income Fund has decreased its dividend by an average of 8.0% per year over the last three years.
PIMCO Municipal Income Fund Stock Down 0.6 %
Shares of PIMCO Municipal Income Fund stock traded down $0.05 on Friday, reaching $9.04. 82,001 shares of the company were exchanged, compared to its average volume of 69,800. PIMCO Municipal Income Fund has a 1-year low of $8.83 and a 1-year high of $10.50. The company’s 50-day moving average is $9.49 and its two-hundred day moving average is $9.53.
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.
Featured Articles
- Five stocks we like better than PIMCO Municipal Income Fund
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Insiders Are Selling, But These 3 Stocks Are Must-Buys
- Find and Profitably Trade Stocks at 52-Week Lows
- Rivian Defies Doubters: Delivery Triumph Fuels Stock Surge
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Hindenburg Short Report Slams Carvana Over Alleged ‘Grift’
Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.