PIMCO California Municipal Income Fund (NYSE:PCQ – Get Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.036 per share by the investment management company on Tuesday, April 1st. This represents a $0.43 dividend on an annualized basis and a dividend yield of 4.75%. The ex-dividend date of this dividend is Thursday, March 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 Performance
NYSE:PCQ opened at $9.10 on Tuesday. PIMCO California Municipal Income Fund has a 52 week low of $8.74 and a 52 week high of $10.24. The stock’s 50-day moving average price is $9.10 and its 200-day moving average price is $9.50.
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.
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