PIMCO California Municipal Income Fund (PCQ) To Go Ex-Dividend on September 11th

PIMCO California Municipal Income Fund (NYSE:PCQGet Free Report) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be given a dividend of 0.036 per share by the investment management company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Friday, September 11th.

PIMCO California Municipal Income Fund Stock Performance

Shares of PCQ stock opened at $8.56 on Thursday. The business has a fifty day simple moving average of $8.78 and a 200 day simple moving average of $8.80. PIMCO California Municipal Income Fund has a twelve month low of $8.26 and a twelve month high of $9.19.

Institutional Investors Weigh In On PIMCO California Municipal Income Fund

A number of hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC bought a new stake in shares of PIMCO California Municipal Income Fund during the 4th quarter valued at approximately $27,000. Elyxium Wealth LLC bought a new position in PIMCO California Municipal Income Fund in the 4th quarter valued at approximately $43,000. Farther Finance Advisors LLC boosted its position in PIMCO California Municipal Income Fund by 107.6% in the fourth quarter. Farther Finance Advisors LLC now owns 6,464 shares of the investment management company’s stock valued at $56,000 after buying an additional 3,350 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in PIMCO California Municipal Income Fund in the second quarter valued at approximately $87,000. Finally, Creative Planning acquired a new position in shares of PIMCO California Municipal Income Fund during the second quarter worth $104,000.

About PIMCO California Municipal Income Fund

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PIMCO California Municipal Income Fund (NYSE: PCQ) is a closed-end management investment company that seeks to provide high current income exempt from federal and California state income taxes. The fund primarily invests in a diversified portfolio of municipal securities issued by entities within the State of California, with an emphasis on credit quality and income generation. Its strategy is designed to appeal to investors seeking tax-advantaged yields alongside professional portfolio management.

The fund generally allocates at least 80% of its total assets to municipal securities that are of investment grade or higher, covering a broad spectrum of sectors such as transportation, utilities, education, health care and local government obligations.

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Dividend History for PIMCO California Municipal Income Fund (NYSE:PCQ)

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