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

PIMCO California Municipal Income Fund II (NYSE:PCK) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Friday, April 11th will be paid a dividend of 0.0215 per share by the closed-end fund on Thursday, May 1st. This represents a $0.26 annualized dividend and a dividend yield of 4.46%. The ex-dividend date is Friday, April 11th.

PIMCO California Municipal Income Fund II Trading Up 1.0 %

NYSE PCK traded up $0.06 during trading hours on Thursday, reaching $5.79. 53,281 shares of the stock traded hands, compared to its average volume of 95,331. The stock has a 50 day simple moving average of $5.80 and a two-hundred day simple moving average of $5.89. PIMCO California Municipal Income Fund II has a 1 year low of $5.50 and a 1 year high of $6.34.

About PIMCO California Municipal Income Fund II

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.