PIMCO California Municipal Income Fund II (NYSE:PCK) Plans Monthly Dividend of $0.02

PIMCO California Municipal Income Fund II (NYSE:PCK) declared a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Monday, August 12th will be given a dividend of 0.022 per share by the closed-end fund on Tuesday, September 3rd. This represents a $0.26 annualized dividend and a dividend yield of 4.40%. The ex-dividend date is Monday, August 12th. This is a positive change from PIMCO California Municipal Income Fund II’s previous monthly dividend of $0.02.

PIMCO California Municipal Income Fund II Stock Performance

Shares of NYSE:PCK traded up $0.01 during midday trading on Friday, hitting $6.01. The company’s stock had a trading volume of 129,398 shares, compared to its average volume of 72,374. The business’s 50 day simple moving average is $5.85 and its 200 day simple moving average is $5.79. PIMCO California Municipal Income Fund II has a 12-month low of $4.85 and a 12-month high of $6.07.

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.