Media stories about Pimco CA Municipal Income Fund (NYSE:PCQ) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pimco CA Municipal Income Fund earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the investment management company an impact score of 45.1839123629057 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Pimco CA Municipal Income Fund (PCQ) traded up $0.18 during trading on Tuesday, reaching $17.58. The company’s stock had a trading volume of 27,100 shares, compared to its average volume of 35,696. Pimco CA Municipal Income Fund has a one year low of $14.92 and a one year high of $17.89.
The business also recently declared a monthly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Monday, December 11th will be given a dividend of $0.077 per share. This represents a $0.92 annualized dividend and a yield of 5.26%. The ex-dividend date is Friday, December 8th.
About Pimco CA Municipal Income Fund
PIMCO California Municipal Income Fund (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.
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