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

PIMCO California Municipal Income Fund (NYSE:PCQ) announced a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Monday, August 12th will be paid a dividend of 0.036 per share by the investment management company on Tuesday, September 3rd. This represents a $0.43 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date of this dividend is Monday, August 12th.

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

PIMCO California Municipal Income Fund Trading Up 0.5 %

Shares of PIMCO California Municipal Income Fund stock traded up $0.05 on Friday, reaching $9.54. The stock had a trading volume of 101,922 shares, compared to its average volume of 57,777. PIMCO California Municipal Income Fund has a 1 year low of $8.19 and a 1 year high of $10.15. The business’s 50 day moving average is $9.35 and its two-hundred day moving average is $9.34.

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.