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

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 paid a dividend of 0.036 per share by the investment management company on Monday, March 3rd. This represents a $0.43 annualized dividend and a dividend yield of 4.72%. The ex-dividend date is Thursday, February 13th.

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

PIMCO California Municipal Income Fund Price Performance

Shares of NYSE:PCQ traded up $0.04 during midday trading on Tuesday, hitting $9.15. 108,285 shares of the stock were exchanged, compared to its average volume of 98,958. PIMCO California Municipal Income Fund has a 52-week low of $8.74 and a 52-week high of $10.24. The business’s fifty day simple moving average is $9.21 and its two-hundred day simple 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.