PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 5.58%. The ex-dividend date is Monday, January 13th.
PIMCO Municipal Income Fund has decreased its dividend payment by an average of 8.0% per year over the last three years.
PIMCO Municipal Income Fund Price Performance
Shares of PIMCO Municipal Income Fund stock opened at $9.04 on Friday. PIMCO Municipal Income Fund has a 52 week low of $8.83 and a 52 week high of $10.50. The stock has a 50 day moving average price of $9.47 and a two-hundred day moving average price of $9.53.
PIMCO Municipal Income Fund Company Profile
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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