PIMCO New York Municipal Income Fund (NYSE:PNF – Get Free Report) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Monday, May 13th will be given a dividend of 0.034 per share on Monday, June 3rd. This represents a $0.41 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date is Friday, May 10th. This is an increase from PIMCO New York Municipal Income Fund’s previous monthly dividend of $0.03.
PIMCO New York Municipal Income Fund has decreased its dividend by an average of 7.3% per year over the last three years.
PIMCO New York Municipal Income Fund Trading Up 0.9 %
NYSE PNF opened at $7.75 on Wednesday. PIMCO New York Municipal Income Fund has a 12 month low of $6.37 and a 12 month high of $8.85. The business’s 50 day moving average price is $7.68.
PIMCO New York Municipal Income Fund Company Profile
PIMCO New York 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 fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors.
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