Pimco CA Municipal Income Fund (NYSE:PCQ) declared a monthly dividend on Thursday, January 2nd, Zacks reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.065 per share by the investment management company on Monday, February 3rd. This represents a $0.78 annualized dividend and a dividend yield of 4.01%. The ex-dividend date is Friday, January 10th.
Shares of PCQ stock traded up $0.20 during mid-day trading on Wednesday, hitting $19.46. The company had a trading volume of 27,450 shares, compared to its average volume of 111,000. Pimco CA Municipal Income Fund has a 52-week low of $16.11 and a 52-week high of $20.78. The stock’s 50 day moving average price is $20.10 and its 200-day moving average price is $19.67.
About Pimco CA 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.
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