PIMCO California Municipal Income Fund (NYSE:PCQ) to Issue Monthly Dividend of $0.04

PIMCO California Municipal Income Fund (NYSE:PCQ) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.036 per share by the investment management company on Tuesday, October 1st. This represents a $0.43 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date of this dividend is Friday, September 13th.

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 Price Performance

PIMCO California Municipal Income Fund stock opened at $9.85 on Wednesday. PIMCO California Municipal Income Fund has a 52 week low of $8.19 and a 52 week high of $9.85. The stock has a fifty day moving average of $9.50 and a 200-day moving average of $9.38.

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.