PIMCO California Municipal Income Fund (NYSE:PCQ) Announces Monthly Dividend of $0.04

PIMCO California Municipal Income Fund (NYSE:PCQ) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be paid a dividend of 0.036 per share by the investment management company on Monday, February 3rd. This represents a $0.43 annualized dividend and a yield of 4.69%. The ex-dividend date of this dividend is Monday, January 13th.

PIMCO California Municipal Income Fund has decreased its dividend by an average of 17.9% per year over the last three years.

PIMCO California Municipal Income Fund Price Performance

NYSE:PCQ traded up $0.05 on Friday, reaching $9.21. The company’s stock had a trading volume of 45,927 shares, compared to its average volume of 56,263. PIMCO California Municipal Income Fund has a 12-month low of $8.75 and a 12-month high of $10.24. The stock has a 50 day moving average price of $9.54 and a 200 day moving average price of $9.61.

About PIMCO California Municipal Income Fund

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.