PIMCO California Municipal Income Fund II (PCK) to Issue Monthly Dividend of $0.02 on May 1st

PIMCO California Municipal Income Fund II (NYSE:PCKGet Free Report) announced a monthly dividend on Monday, April 1st, investing.com reports. Investors of record on Thursday, April 11th will be paid a dividend of 0.0215 per share by the closed-end fund on Wednesday, May 1st. This represents a $0.26 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date is Wednesday, April 10th.

PIMCO California Municipal Income Fund II Stock Performance

PCK stock opened at $5.71 on Wednesday. PIMCO California Municipal Income Fund II has a one year low of $4.85 and a one year high of $6.33. The firm’s fifty day moving average is $5.80 and its 200 day moving average is $5.56.

Institutional Investors Weigh In On PIMCO California Municipal Income Fund II

Institutional investors have recently modified their holdings of the business. Citadel Advisors LLC acquired a new position in PIMCO California Municipal Income Fund II in the 4th quarter worth about $65,000. Nomura Holdings Inc. purchased a new stake in shares of PIMCO California Municipal Income Fund II in the fourth quarter valued at approximately $81,000. Cerity Partners LLC acquired a new position in shares of PIMCO California Municipal Income Fund II during the 1st quarter worth approximately $124,000. LPL Financial LLC lifted its position in shares of PIMCO California Municipal Income Fund II by 108.8% during the 2nd quarter. LPL Financial LLC now owns 23,125 shares of the closed-end fund’s stock valued at $138,000 after buying an additional 12,052 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in PIMCO California Municipal Income Fund II by 65.3% in the 2nd quarter. Royal Bank of Canada now owns 23,931 shares of the closed-end fund’s stock valued at $142,000 after acquiring an additional 9,454 shares during the period.

About PIMCO California Municipal Income Fund II

(Get Free Report)

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.

Further Reading

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

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