Dividend Update for Pimco Municipal Income Fund II: Key Insights Before Ex-Dividend Date Jun 12, 2025

The Pimco Municipal Income Fund II (PML) has announced a cash dividend of $0.040 per share, with an ex-dividend date of Jun 12, 2025, and a payable date of Jul 1, 2025. This recent dividend is lower than the average of the last ten dividends, which stood at $0.066 per share. Previously, on Jun 2, 2025, PML paid out a similar dividend of $0.040 per share. These figures indicate a consistency in the company's dividend distribution, albeit at a slightly lower rate than the average of recent payouts.

Recently, several notable developments have emerged regarding PML. Analysts indicated that PIMCO Municipal Income Fund II declared a monthly dividend of $0.040 per share, reflecting a forward yield of 6.37%. The dividend is scheduled for payment on Jul 1, 2025, to shareholders who were on record as of Jun 12, 2025. Additionally, sources reported a slight decline in the stock price, falling by 0.270% on Jun 6, 2025, from $7.40 to $7.38. This movement could be linked to the dividend announcement and overall market conditions.

Moreover, there have been significant transactions involving the company's shares. Northern Trust Corp recently reduced its stake in PIMCO Municipal Income Fund II by 69.5% during the fourth quarter, selling 22,861 shares according to a recent SEC filing. Meanwhile, various other hedge funds acquired new positions in the company, reflecting ongoing interest and activity in PML's stock. This indicates a dynamic environment surrounding the company, with potential implications for its market performance and investor sentiment.

In conclusion, Pimco Municipal Income Fund II is maintaining its dividend strategy with a payout scheduled for early July. The ex-dividend date of Jun 12, 2025, is crucial for investors aiming to benefit from this dividend, as any purchases made after this date will not qualify for the current dividend distribution.