PIMCO California Municipal Income Fund Announces $0.036 Monthly Dividend
The PIMCO California Municipal Income Fund (PCQ) has declared a monthly dividend of $0.036 per share, resulting in an annualized forward yield of 5.58%. The dividend is payable on November 2 to shareholders who are registered as of October 13; the ex-dividend date also falls on October 13. This announcement provides insight into PCQ's consistent income generation and its appeal for investors seeking regular cash flow from municipal bonds. As a closed-end fund, it focuses primarily on California state and local government securities, offering tax advantages to shareholders in higher-tax states.
Tickers: $PCQ
Topics: dividends fixed income