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

PIMCO California Municipal Income Fund (NYSE:PCQ) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders 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 annualized dividend and a yield of 4.70%. 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% per year over the last three years.

PIMCO California Municipal Income Fund Stock Performance

Shares of NYSE PCQ traded down $0.05 during midday trading on Tuesday, hitting $9.19. The stock had a trading volume of 82,835 shares, compared to its average volume of 64,145. PIMCO California Municipal Income Fund has a 1 year low of $8.74 and a 1 year high of $10.24. The stock has a 50 day simple moving average of $9.08 and a 200-day simple moving average of $9.51.

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.