Pimco CA Municipal Income Fund (PCQ) Announces $0.08 Monthly Dividend
Pimco CA Municipal Income Fund (NYSE:PCQ) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Friday, October 13th will be paid a dividend of 0.077 per share by the investment management company on Wednesday, November 1st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date of this dividend is Thursday, October 12th.
Pimco CA Municipal Income Fund has decreased its dividend by an average of 2.9% per year over the last three years.
Pimco CA Municipal Income Fund (PCQ) traded up 0.82% on Tuesday, reaching $17.32. 53,664 shares of the company traded hands. The stock has a 50-day moving average of $17.11 and a 200 day moving average of $16.85. Pimco CA Municipal Income Fund has a 52-week low of $14.75 and a 52-week high of $17.49.
COPYRIGHT VIOLATION WARNING: This article was first published by American Banking News and is the sole property of of American Banking News. If you are reading this article on another site, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/10/03/pimco-ca-municipal-income-fund-pcq-announces-0-08-monthly-dividend.html.
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.
Receive News & Ratings for Pimco CA Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco CA Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.