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

PIMCO California Municipal Income Fund (NYSE:PCQ) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.036 per share by the investment management company on Thursday, January 2nd. This represents a $0.43 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date is Thursday, December 12th.

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 Price Performance

Shares of PCQ traded up $0.02 during trading hours on Tuesday, hitting $9.75. The company’s stock had a trading volume of 97,844 shares, compared to its average volume of 57,265. PIMCO California Municipal Income Fund has a 52-week low of $8.75 and a 52-week high of $10.24. The business has a 50 day simple moving average of $9.84 and a two-hundred day simple moving average of $9.60.

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.