PCK Ex-Dividend Reminder - 5/7/15

Looking at the universe of stocks we cover at Dividend Channel, on 5/7/15, PIMCO California Municipal Income (PCK) will trade ex-dividend, for its monthly dividend of $0.0537, payable on 6/1/15. As a percentage of PCK's recent stock price of $9.86, this dividend works out to approximately 0.55%, so look for shares of PIMCO California Municipal Income to trade 0.55% lower — all else being equal — when PCK shares open for trading on 5/7/15.

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Below is a dividend history chart for PCK, showing historical dividends prior to the most recent $0.0537 declared by PIMCO California Municipal Income:

PCK+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 PCK is likely to continue, and whether the current estimated yield of 6.54% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of PCK shares, versus its 200 day moving average:

PIMCO California Municipal Income 200 Day Moving Average Chart

Looking at the chart above, PCK's low point in its 52 week range is $9.15 per share, with $10.13 as the 52 week high point — that compares with a last trade of $9.86.

In Tuesday trading, PIMCO California Municipal Income shares are currently down about 0.1% on the day.

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