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

Pimco CA Municipal Income Fund (NYSE:PCQ) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders 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 5.32%. 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 $0.04 during trading on Wednesday, reaching $17.38. 25,893 shares of the company were exchanged, compared to its average volume of 35,717. Pimco CA Municipal Income Fund has a 52 week low of $14.92 and a 52 week 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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