News articles about PIMCO California Municipal Income Fund II (NYSE:PCK) have trended somewhat positive on Thursday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PIMCO California Municipal Income Fund II earned a news impact score of 0.12 on Accern’s scale. Accern also gave press coverage about the closed-end fund an impact score of 44.6469123300549 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of PIMCO California Municipal Income Fund II (PCK) traded up $0.16 during trading on Thursday, hitting $9.24. The stock had a trading volume of 202,700 shares, compared to its average volume of 414,514. PIMCO California Municipal Income Fund II has a fifty-two week low of $9.00 and a fifty-two week high of $10.42.
The company also recently declared a monthly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Friday, January 12th will be issued a dividend of $0.035 per share. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $0.42 annualized dividend and a dividend yield of 4.55%.
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.
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