PIMCO Municipal Income Fund II Announces $0.0395 Monthly Dividend
PIMCO Municipal Income Fund II (ticker: PML) has declared a monthly dividend of $0.0395 per share, consistent with its previous payout levels. The forward yield is currently estimated at 6.55%. Shareholders will receive the payment on October 1 for those recorded as shareholders by September 11; shares will trade ex-dividend starting that same date. The dividend remains in line with expectations and reflects stability in the fund's income distribution strategy, which may appeal to investors seeking consistent returns from municipal bonds. The announcement provides clarity for current and prospective investors regarding expected cash flows.
Tickers: $PML
Topics: dividends fixed income