Pimco CA Municipal Income Fund (NYSE:PCQ) Share Price Passes Above Fifty Day Moving Average of $19.25
Shares of Pimco CA Municipal Income Fund (NYSE:PCQ) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $19.25 and traded as high as $19.25. Pimco CA Municipal Income Fund shares last traded at $19.20, with a volume of 14,758 shares.
The business has a 50-day simple moving average of $19.20 and a 200-day simple moving average of $19.67.
The firm also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 13th will be given a dividend of $0.065 per share. The ex-dividend date is Wednesday, February 12th. This represents a $0.78 dividend on an annualized basis and a yield of 4.10%.
About Pimco CA Municipal Income Fund (NYSE:PCQ)
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.
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