PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report) announced a monthly dividend on Thursday, August 1st, Zacks reports. Shareholders of record on Monday, August 12th will be paid a dividend of 0.042 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.50 annualized dividend and a yield of 5.33%. The ex-dividend date is Monday, August 12th.
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 1.6 %
NYSE:PMF traded up $0.15 on Friday, hitting $9.45. 159,528 shares of the company’s stock were exchanged, compared to its average volume of 65,537. The firm has a 50-day moving average price of $9.22 and a 200-day moving average price of $9.27. PIMCO Municipal Income Fund has a 52 week low of $7.69 and a 52 week high of $9.83.
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.
Further Reading
- Five stocks we like better than PIMCO Municipal Income Fund
- Most active stocks: Dollar volume vs share volume
- Snap’s Stock Plummets on Q2 Revenue Guidance Shortfall
- What is an Earnings Surprise?
- Hims & Hers Stock Falls on DexCom Fears: Analysts Predict Rally
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Intel Loses a Quarter of Its Value After Horrible Earnings Report
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.