PIMCO California Municipal Income Fund (NYSE:PCQ) Plans Monthly Dividend of $0.04

by · The Markets Daily

PIMCO California Municipal Income Fund (NYSE:PCQGet Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be given a dividend of 0.036 per share by the investment management company on Monday, February 3rd. This represents a $0.43 dividend on an annualized basis and a yield of 4.84%. The ex-dividend date of this dividend is Monday, January 13th.

PIMCO California Municipal Income Fund has decreased its dividend payment by an average of 17.9% annually over the last three years.

PIMCO California Municipal Income Fund Stock Down 1.5 %

NYSE PCQ opened at $8.92 on Friday. PIMCO California Municipal Income Fund has a one year low of $8.75 and a one year high of $10.24. The stock’s 50-day moving average is $9.44 and its 200-day moving average is $9.59.

About PIMCO California Municipal Income Fund

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PIMCO California Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.

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