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

PIMCO California Municipal Income Fund (NYSE:PCQ) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Thursday, February 13th will be given a dividend of 0.036 per share by the investment management company on Monday, March 3rd. This represents a $0.43 dividend on an annualized basis and a dividend yield of 4.72%. The ex-dividend date of this dividend is Thursday, February 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 Trading Up 0.5 %

Shares of PIMCO California Municipal Income Fund stock traded up $0.04 during trading hours on Tuesday, reaching $9.15. The stock had a trading volume of 108,285 shares, compared to its average volume of 98,958. PIMCO California Municipal Income Fund has a twelve month low of $8.74 and a twelve month high of $10.24. The stock’s 50 day moving average is $9.21 and its 200 day moving average is $9.54.

About PIMCO California Municipal Income Fund

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.