PIMCO California Municipal Income Fund (NYSE:PCQ – Get Free Report) announced a monthly dividend on Monday, November 2nd. Shareholders 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 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Friday, November 13th.
PIMCO California Municipal Income Fund Price Performance
PIMCO California Municipal Income Fund stock opened at $8.20 on Wednesday. The company’s fifty day moving average price is $8.06 and its two-hundred day moving average price is $8.63. PIMCO California Municipal Income Fund has a one year low of $7.57 and a one year high of $9.19.
About PIMCO California Municipal Income Fund
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.
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