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

Looking at the universe of stocks we cover at Dividend Channel, on 11/10/14, PIMCO Municipal Income Fund II (PML) will trade ex-dividend, for its monthly dividend of $0.065, payable on 12/1/14. As a percentage of PML's recent stock price of $11.90, this dividend works out to approximately 0.55%, so look for shares of PIMCO Municipal Income Fund II to trade 0.55% lower — all else being equal — when PML shares open for trading on 11/10/14.

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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 6.56% 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:

PIMCO Municipal Income Fund II 200 Day Moving Average Chart

Looking at the chart above, PML's low point in its 52 week range is $10.24 per share, with $12.30 as the 52 week high point — that compares with a last trade of $11.90.

According to the ETF Finder at ETF Channel, PML makes up 1.27% of the CEF Municipal Income ETF ( XMPT) which is trading higher by about 0.1% on the day Thursday.

In Thursday trading, PIMCO Municipal Income Fund II shares are currently trading flat on the day.

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