PIMCO California Municipal Income Fund (PCQ) to Issue Monthly Dividend of $0.04 on February 3rd

PIMCO California Municipal Income Fund (NYSE:PCQ) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 4.84%. The ex-dividend date 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 Performance

NYSE:PCQ opened at $8.92 on Friday. PIMCO California Municipal Income Fund has a 12 month low of $8.75 and a 12 month high of $10.24. The company’s 50-day moving average price is $9.44 and its two-hundred day moving average price is $9.59.

PIMCO California Municipal Income Fund Company Profile

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.