Looking at the universe of stocks we cover at Dividend Channel, on 2/11/14, PIMCO Municipal Income Fund II (PML) will trade ex-dividend, for its monthly dividend of $0.065, payable on 3/3/14. As a percentage of PML's recent stock price of $11.48, this dividend works out to approximately 0.57%, so look for shares of PIMCO Municipal Income Fund II to trade 0.57% lower — all else being equal — when PML shares open for trading on 2/11/14.
Below is a dividend history chart for PML, showing historical dividends prior to the most recent $0.065 declared by PIMCO Municipal Income Fund II:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PML is likely to continue, and whether the current estimated yield of 6.79% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PML shares, versus its 200 day moving average:Looking at the chart above, PML's low point in its 52 week range is $10.24 per share, with $13.31 as the 52 week high point — that compares with a last trade of $11.48.
According to the ETF Finder at ETF Channel, PML makes up 1.33% of the CEF Municipal Income ETF (XMPT) which is trading lower by about 0.2% on the day Friday. In Friday trading, PIMCO Municipal Income Fund II shares are currently off about 0.2% on the day.