Pimco CA Municipal Income Fund (PCQ) To Go Ex-Dividend on December 8th
Pimco CA Municipal Income Fund (NYSE:PCQ) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 11th will be given a dividend of 0.077 per share by the investment management company on Tuesday, January 2nd. This represents a $0.92 annualized dividend and a yield of 5.33%. The ex-dividend date of this dividend is Friday, December 8th.
Pimco CA Municipal Income Fund has decreased its dividend payment by an average of 2.9% annually over the last three years.
Shares of Pimco CA Municipal Income Fund (NYSE:PCQ) opened at $17.35 on Thursday. Pimco CA Municipal Income Fund has a 1 year low of $14.92 and a 1 year high of $17.49.
Pimco CA Municipal Income Fund Company Profile
PIMCO California Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from federal and California income tax. The Fund invests approximately 90% of its net assets (and over 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal and California income tax.
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