Pimco Municipal Income Fund (NYSE:PMF) to Issue Monthly Dividend of $0.05

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Pimco Municipal Income Fund (NYSE:PMF) declared a monthly dividend on Thursday, October 1st, Zacks reports. Stockholders of record on Tuesday, October 13th will be given a dividend of 0.054 per share by the financial services provider on Monday, November 2nd. This represents a $0.65 annualized dividend and a dividend yield of 4.81%. The ex-dividend date is Friday, October 9th.

Pimco Municipal Income Fund has decreased its dividend by 25.5% over the last three years and has raised its dividend every year for the last 1 years.

Shares of PMF traded up $0.12 during trading hours on Friday, hitting $13.48. The company had a trading volume of 59,145 shares, compared to its average volume of 76,719. The company’s fifty day moving average price is $13.48 and its two-hundred day moving average price is $13.02. Pimco Municipal Income Fund has a one year low of $9.13 and a one year high of $15.85.

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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Dividend History for Pimco Municipal Income Fund (NYSE:PMF)

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