Shares of Pimco CA Municipal Income Fund (NYSE:PCQ) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $19.57 and traded as low as $19.68. Pimco CA Municipal Income Fund shares last traded at $19.68, with a volume of 100 shares.
The firm has a fifty day moving average of $19.57 and a 200-day moving average of $18.84.
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be issued a dividend of $0.077 per share. The ex-dividend date is Thursday, September 12th. This represents a $0.92 annualized dividend and a yield of 4.69%.
About Pimco CA Municipal Income Fund (NYSE:PCQ)
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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