PIMCO California Municipal Income Fund II (PCK) to Issue Monthly Dividend of $0.05 on January 2nd

PIMCO California Municipal Income Fund II (NYSE:PCK) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 11th will be paid a dividend of 0.0473 per share by the closed-end fund on Tuesday, January 2nd. This represents a $0.57 annualized dividend and a dividend yield of 5.58%. The ex-dividend date is Friday, December 8th. This is a boost from PIMCO California Municipal Income Fund II’s previous monthly dividend of $0.05.

PIMCO California Municipal Income Fund II has decreased its dividend by an average of 9.3% annually over the last three years.

PIMCO California Municipal Income Fund II (NYSE PCK) opened at $10.18 on Thursday. PIMCO California Municipal Income Fund II has a one year low of $9.10 and a one year high of $10.42.

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PIMCO California Municipal Income Fund II Company Profile

PIMCO California Municipal Income Fund II (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from federal and California income tax. The Fund invests approximately 90% of its net assets (and over 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal and California income tax.

Dividend History for PIMCO California Municipal Income Fund II (NYSE:PCK)

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