Ex-Div Reminder For PIMCO New York Municipal Income Fund (PNF)

Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, PIMCO New York Municipal Income Fund ( PNF) PNF will trade ex-dividend, for its monthly dividend of $0.057, payable on 5/1/13. As a percentage of PNF's recent stock price of $12.35, this dividend works out to approximately 0.46%.

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Below is a dividend history chart for PNF, showing historical dividends prior to the most recent $0.057 declared by PIMCO New York Municipal Income Fund:

PNF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PNF is likely to continue, and whether the current estimated yield of 5.54% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, PIMCO New York Municipal Income Fund shares are currently up about 0.6% on the day.
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