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

Pimco CA Municipal Income Fund (NYSE:PCQ) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 11th will be given a dividend of 0.077 per share by the investment management company on Tuesday, January 2nd. This represents a $0.92 annualized dividend and a dividend yield of 5.35%. The ex-dividend date is Friday, December 8th.

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 (NYSE PCQ) traded up $0.01 on Friday, hitting $17.28. The company’s stock had a trading volume of 65,840 shares, compared to its average volume of 36,452. Pimco CA Municipal Income Fund has a 1 year low of $15.41 and a 1 year high of $17.89.

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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.

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

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