Pimco Municipal Income Fund II · PML · NYSE
Distribution report · updated Nov 13, 2026
$6.70 -0.45% on the day, -$0.03
PML fund page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is PML’s distribution Very Safe or High Risk? 6 checks scored. NAV trend, payout stability, crash test and 3 more. Show the rating
Yearly payout / yield
$0.48·7.16%
$0.04 monthly x 12 ⓘ
Next payment
~$0.04/mo
pays ~Jan 4, 2027 (est.) ⓘ
Next ex-date
Dec 14est.
ex in 30 days ⓘ
Paying since
2002
290 payments on file
Pays
Monthly
12 payments a year
Yield vs history ⓘ
82
Well above its usual yield
PML share price & total return
Daily closing price, adjusted for stock splits.
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DSRSimilar stocksHistoryPayoutsFAQ
Last 20 payments
PML Dividend Growth (CAGR) ⓘ
1Y -3.0%3Y -3.0%5Y -3.0%10Y -3.0%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). The enlarge button shows all 290 payments since 2002.
Annual dividends and growth
Total paid per share in each calendar year. 2026: the solid bar is paid so far; the dashed box on top is expected (1 estimated from the current $0.04 rate), not a promise. Years with an extra or a missing payment (dates sliding across New Year) are compared per payment.

How Many PML Shares for $500 or $1,000 a Month?

At $0.48 a share a year, $500 a month takes about 12,500 PML shares, about $83,750 at the Nov 13, 2026 close of $6.70. $1,000 a month takes about 25,000 shares, about $167,500. Before taxes, and only while the rate holds.

Pimco Municipal Income Fund II (PML) pays $0.04 a share monthly, $0.48 a year, a 7.16% run-rate yield at the Nov 13, 2026 close of $6.70. It has made 290 distribution payments since 2002.

At today’s rate of $0.04 monthly and the last close of $6.70, this is what PML pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.04$0.04$0.48
100 shares$4.00$4.00$48.00
$10,000 invested (1,492.5 shares)$59.70$59.70$716.42
12,500 shares ($500/mo)$500.00$500.00$6,000.00
25,000 shares ($1,000/mo)$1,000.00$1,000.00$12,000.00

With DRIP on, every payment buys more shares instead of landing as cash. 100 PML shares reinvest into 0.60 new shares each payment, about 7.4 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 168 shares. A rising payout speeds that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with PML’s own history in the PML DRIP calculator.

The payout is not the return. In the 12 months to Nov 13, 2026, PML paid $0.52 a share while its share price fell from $7.89 to $6.70. Total return was -$0.67 a share, so every dollar paid above was your own money coming back, and the share value fell $0.67 more on top.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See PML’s rating and its 6 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • NAV trend: is the fund’s share price holding up report
  • Distribution funded by NAV: is it paying you with your own money report
  • Distribution stability: how much the payout jumps around history
  • Distribution trend: is the payout growing or shrinking history
  • Crash test: how the fund held up in market drops history
  • Yield sanity: is the yield too high to be believable rating

PML Dividend Yield Today vs Its 5-Year Range

82/100Well above its usual yieldvs its 10-yr history
  • PML yields 7.16% today, at the Nov 13, 2026 close of $6.70.
  • Its own 10-year median is 5.82%, so today’s yield is well above its usual level.
Last 5 years: lowest to highest month-end yield
4.85% low7.99% high
Blue mark = today, grey = its 10-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 10 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is PML’s Next Distribution? Ex-Date and Pay Date After December 2026

PML has not declared its next distribution yet. By its usual rhythm of about 31 days between ex-dates, the next ex-date falls around Dec 14, 2026, with the cash around Jan 4, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.04 a share, went ex on Nov 13, 2026 and pays around December 2026.

  • Ex-dates: about every 31 days (monthly)
  • Payment: usually about 21 days after the ex-date

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does PML Pay?

PML pays monthly, 12 times a year. The ex-date comes about every 31 days, and the cash usually lands about 21 days later.

Paid in the 12 months to Nov 13, 2026
$0.52 a share, in 13 payments.
+18.9% against the 12 months before ($0.44 in 11 payments).
By ex-date, the same 12 months the NAV check on this page reads. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays every month.

PML vs Similar Dividend Funds (CHI, DOL...)

Against the 10 dividend funds in Asset Management closest to PML in fund size, PML’s 7.16% run-rate yield is above the group’s middle yield of 1.79%. A higher yield than the group is not a bonus by itself: in income funds it often comes with a faster-falling share price, so read it next to the NAV trend and the rating.

Ticker Dividend ⓘ Yield Safety Rating
PML $6.70Pimco Municipal Income Fund II $0.04/mo$0.48/yr fwd 7.16% Dividend Safety Rating: paid plans only
CHI $10.44Calamos Convertible Opportunities and Income Fund $0.095/mo$1.14/yr fwd 10.92% Dividend Safety Rating: paid plans only
DOL $74.05WisdomTree True Developed International Fund $0.28/qtr$1.12/yr fwd 1.51% Dividend Safety Rating: paid plans only
AVEDX $22.79Ave Maria Rising Dividend Fund $0.037/qtr$0.15/yr fwd 0.65% Dividend Safety Rating: paid plans only
RRRAX $23.68DWS RREEF Real Estate Securities Fund $0.122/qtr$0.49/yr fwd 2.06% Dividend Safety Rating: paid plans only
FSLBX $175.47Fidelity Select Brokerage & Inv Mgmt $1.225/yr 0.70% Dividend Safety Rating: paid plans only
VIISX $21.60Virtus KAR International Small-Mid Cap Fund $0.765/yr 3.54% Dividend Safety Rating: paid plans only
AIO $23.57Virtus Artificial Intelligence & Technology Opportunities Fund $0.21/mo$2.52/yr fwd 10.69% Dividend Safety Rating: paid plans only
FIEUX $48.49Fidelity Europe Fund $0.124/yr 0.26% Dividend Safety Rating: paid plans only
IVFAX $5.09Federated Hermes International Strategic Value Dividend Fund A $0.006/mo$0.07/yr fwd 1.41% Dividend Safety Rating: paid plans only
HTD $22.75John Hancock Tax-Advantaged Dividend Income Fund $0.158/mo$1.90/yr fwd 8.33% Dividend Safety Rating: paid plans only

PML Dividend History: Every Payment Since 2002

Ex-datePay dateAmountFrequencyType
Nov 13, 2026—$0.04MonthlyRegular
Oct 13, 2026Oct 15, 2026$0.04MonthlyRegular
Sep 11, 2026Sep 14, 2026$0.04MonthlyRegular
Aug 13, 2026Aug 17, 2026$0.04MonthlyRegular
Jul 13, 2026Jul 15, 2026$0.04MonthlyRegular
Jun 11, 2026Jun 15, 2026$0.04MonthlyRegular
May 11, 2026May 13, 2026$0.04MonthlyRegular
Apr 13, 2026Apr 15, 2026$0.04MonthlyRegular
Mar 12, 2026Mar 16, 2026$0.04MonthlyRegular
Feb 12, 2026Feb 16, 2026$0.04MonthlyRegular
The other 280 PML payments come with a paid plan.
Show all 290 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for PML

UnlockDividend Safety Rating: paid plans only
See where PML lands, and why.
See the rating & factors »
Own PML? Your payouts fill in by themselves Add PML once, with your buy date and share count. Every distribution since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track PML →

PML Dividend Questions

How often does PML pay distributions?

PML pays monthly, 12 times a year. The ex-date comes about every 31 days, and the cash usually lands about 21 days later.

Does PML pay distributions monthly?

Yes. PML pays monthly, 12 times a year.

When is the next PML distribution?

PML has not declared its next distribution yet. By its usual rhythm of about 31 days between ex-dates, the next ex-date falls around Dec 14, 2026, with the cash around Jan 4, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.04 a share, went ex on Nov 13, 2026 and pays around December 2026. The current rate is $0.04 per share, $0.48 a year.

Does PML pay a distribution in January 2027?

Not declared yet. By its usual rhythm the next ex-date falls around Dec 14, 2026, with the cash around Jan 4, 2027, so a payment in January 2027 is likely. Only the company’s declaration makes it final.

How much does PML pay per share?

PML pays $0.04 a share monthly, $0.48 a year. At the Nov 13, 2026 close of $6.70 that is a 7.16% run-rate yield, well above its usual level: its own 10-year median is 5.82%.

Does PML’s payout grow?

Its last 12 payments (about a year) averaged $0.04, +0.5% against $0.0398 for the 12 before. Its payout floats with the income the fund earns each period, so there is no fixed rate to raise. Measured over a full year, the payout rate changed -3.0%.

Is PML’s distribution safe?

No rating can promise a future payment, but the record on file says a lot. In the 12 months to Nov 13, 2026 it paid $0.52 a share while its share price went from $7.89 to $6.70. This is data, not investment advice. The full 6-check rating comes with a plan.

How do I track my PML distributions?

Add PML to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run PML in the DRIP calculator.

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How this page is built: the rate is the latest regular distribution per share; run-rate yield = rate × payments per year ÷ last close (Nov 13, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 6 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.