Ex-Div Reminder For PIMCO Municipal Income Fund II (PML)

Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, PIMCO Municipal Income Fund II ( PML) PML will trade ex-dividend, for its monthly dividend of $0.065, payable on 5/1/13. As a percentage of PML's recent stock price of $12.92, this dividend works out to approximately 0.50%.

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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:

PML+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 PML is likely to continue, and whether the current estimated yield of 6.04% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, PML makes up 1.39% of the CEF Municipal Income ETF ( XMPT) XMPT which is trading relatively unchanged on the day Friday.

In Friday trading, PIMCO Municipal Income Fund II shares are currently up about 0.7% on the day.
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