Ex-Div Reminder For PIMCO California Municipal Income (PCQ)

Looking at the universe of stocks we cover at Dividend Channel, on 2/11/14, PIMCO California Municipal Income ( PCQ) will trade ex-dividend, for its monthly dividend of $0.077, payable on 3/3/14. As a percentage of PCQ's recent stock price of $13.72, this dividend works out to approximately 0.56%, so look for shares of PIMCO California Municipal Income to trade 0.56% lower — all else being equal — when PCQ shares open for trading on 2/11/14.

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Below is a dividend history chart for PCQ, showing historical dividends prior to the most recent $0.077 declared by PIMCO California Municipal Income:

PCQ+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PCQ is likely to continue, and whether the current estimated yield of 6.73% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PCQ shares, versus its 200 day moving average:

PIMCO California Municipal Income 200 Day Moving Average Chart

Looking at the chart above, PCQ's low point in its 52 week range is $12.33 per share, with $16.34 as the 52 week high point — that compares with a last trade of $13.72.

In Friday trading, PIMCO California Municipal Income shares are currently off about 0.2% on the day.

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