Pimco CA Municipal Income Fund (NYSE:PCQ) Announces Monthly Dividend of $0.08

Pimco CA Municipal Income Fund (NYSE:PCQ) announced a monthly dividend on Thursday, September 7th, Wall Street Journal reports. Shareholders of record on Monday, September 11th will be given a dividend of 0.077 per share by the investment management company on Monday, October 2nd. This represents a $0.92 annualized dividend and a yield of 5.40%. The ex-dividend date is Friday, September 8th.

Pimco CA Municipal Income Fund has decreased its dividend by an average of 2.9% annually over the last three years.

Shares of Pimco CA Municipal Income Fund (NYSE PCQ) opened at 17.12 on Thursday. Pimco CA Municipal Income Fund has a 12-month low of $14.75 and a 12-month high of $17.49. The firm has a 50-day moving average price of $17.05 and a 200 day moving average price of $16.74.

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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.

Dividend History for Pimco CA Municipal Income Fund (NYSE:PCQ)

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