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

PIMCO California Municipal Income Fund (NYSE:PCQ) announced a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be given a dividend of $0.0360 per share by the investment management company on Tuesday, December 1st. This represents a $0.43 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Friday, November 13th.

PIMCO California Municipal Income Fund Stock Performance

PIMCO California Municipal Income Fund stock traded down $0.06 during trading on Tuesday, hitting $8.16. The company’s stock had a trading volume of 94,741 shares, compared to its average volume of 167,149. The stock’s fifty day moving average is $8.12 and its 200 day moving average is $8.65. PIMCO California Municipal Income Fund has a 1-year low of $7.57 and a 1-year high of $9.19.

PIMCO California Municipal Income Fund Company Profile

PIMCO California Municipal Income Fund (NYSE: PCQ) is a closed-end investment fund managed by Pacific Investment Management Company LLC (PIMCO). The fund’s primary objective is to provide current income that is exempt from regular federal income tax and California state income tax, subject to applicable tax rules.

To pursue its objective, PCQ invests primarily in municipal securities issued by the state of California, its cities, counties, districts and other local governmental entities, as well as related public-purpose organizations.