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

PIMCO California Municipal Income Fund (NYSE:PCQ) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date is Monday, January 13th.

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

PIMCO California Municipal Income Fund Stock Performance

PIMCO California Municipal Income Fund stock traded up $0.05 during midday trading on Friday, reaching $9.21. 45,927 shares of the stock traded hands, compared to its average volume of 56,263. The company has a 50-day simple moving average of $9.52 and a two-hundred day simple moving average of $9.61. PIMCO California Municipal Income Fund has a 12-month low of $8.75 and a 12-month high of $10.24.

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.