PIMCO California Municipal Income Fund II (PCK) To Go Ex-Dividend on May 10th

PIMCO California Municipal Income Fund II (NYSE:PCK) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Monday, May 13th will be paid a dividend of 0.022 per share by the closed-end fund on Monday, June 3rd. This represents a $0.26 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date of this dividend is Friday, May 10th. This is a boost from PIMCO California Municipal Income Fund II’s previous monthly dividend of $0.02.

PIMCO California Municipal Income Fund II has decreased its dividend by an average of 12.4% annually over the last three years.

PIMCO California Municipal Income Fund II Stock Performance

Shares of PCK stock opened at $5.89 on Wednesday. The business has a 50-day moving average of $5.75 and a 200 day moving average of $5.67. PIMCO California Municipal Income Fund II has a 1-year low of $4.85 and a 1-year high of $6.17.

PIMCO California Municipal Income Fund II Company Profile

PIMCO California Municipal Income Fund II 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 United States. It seeks to invest in stocks of companies operating across diversified sectors.