PIMCO Municipal Income Fund Announces Monthly Dividend of $0.04 (NYSE:PMF)

PIMCO Municipal Income Fund (NYSE:PMF) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Thursday, February 13th will be given a dividend of 0.042 per share by the financial services provider on Monday, March 3rd. This represents a $0.50 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date of this dividend is Thursday, February 13th.

PIMCO Municipal Income Fund has decreased its dividend by an average of 8.0% annually over the last three years.

PIMCO Municipal Income Fund Trading Up 1.4 %

Shares of PMF stock traded up $0.13 during trading hours on Tuesday, reaching $9.13. The company’s stock had a trading volume of 57,118 shares, compared to its average volume of 80,228. PIMCO Municipal Income Fund has a fifty-two week low of $8.58 and a fifty-two week high of $10.50. The firm’s 50 day simple moving average is $9.11 and its 200-day simple moving average is $9.48.

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.