Pimco CA Municipal Income Fund (PCQ) Plans Monthly Dividend of $0.08
Pimco CA Municipal Income Fund (NYSE:PCQ) declared a monthly dividend on Friday, June 2nd. Stockholders of record on Monday, June 12th will be paid a dividend of 0.077 per share by the investment management company on Monday, July 3rd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date of this dividend is Thursday, June 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 (PCQ) remained flat at $16.96 on Friday. 21,638 shares of the stock traded hands. Pimco CA Municipal Income Fund has a 52-week low of $14.75 and a 52-week high of $17.53. The firm has a 50 day moving average of $16.73 and a 200-day moving average of $16.11. The firm has a market cap of $316.93 million and a price-to-earnings ratio of 116.16.
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About Pimco CA Municipal Income Fund
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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