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

PIMCO California Municipal Income Fund (NYSE:PCQ) announced a monthly dividend on Thursday, August 1st, Zacks reports. Investors 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 is Monday, August 12th.

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 Up 0.5 %

PCQ stock traded up $0.05 during mid-day trading on Friday, reaching $9.54. 101,922 shares of the company traded hands, compared to its average volume of 57,777. PIMCO California Municipal Income Fund has a 52-week low of $8.19 and a 52-week high of $10.15. The company has a fifty day moving average price of $9.35 and a 200-day moving average price of $9.34.

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.