Dividend Worth Mentioning Today: Shareholders can safely expect $0.05 dividends by Nov 1, 2016, from Pimco California Municipal Income Fund II (NYSE:PCK).

Dividend Worth Mentioning Today: Shareholders can safely expect $0.05 dividends by Nov 1, 2016, from Pimco California Municipal Income Fund II (NYSE:PCK).

Pimco California Municipal Income Fund II (NYSE:PCK) is expected to pay $0.05 on Nov 1, 2016. The indicated annual dividend is $0.62. Shareholders owning the stock before Oct 11, 2016 will be eligible to receive the payout. Based on Pimco California Municipal Income Fund II’s current price of $10.53, the dividend is 0.45%. This dividend’s record date is Oct 13, 2016 and the announcement date is Oct 4, 2016. The stock decreased 1.13% or $0.12 on October 7, hitting $10.53. Pimco CA Muni. Income Fund II (NYSE:PCK) has risen 0.38% since March 7, 2016 and is uptrending. It has underperformed by 7.21% the S&P500.

PIMCO California Municipal Income Fund II is a non-diversified, closed-end management investment company. The company has a market cap of $334.81 million. The Fund’s investment objective is to seek current income exempt from federal and California income tax. It currently has negative earnings. The Fund invests approximately 90% of its net assets in municipal bonds that pay interest that is exempt from federal and California income tax.

Insitutional Activity: The institutional sentiment decreased to 1.43 in 2016 Q2. Its down 1.32, from 2.75 in 2016Q1. The ratio dropped, as 3 funds sold all Pimco CA Muni. Income Fund II shares owned while 4 reduced positions. 3 funds bought stakes while 7 increased positions. They now own 1.08 million shares or 8.75% less from 1.18 million shares in 2016Q1.
Moreover, Hightower Advsrs Lc has 0% invested in Pimco CA Muni. Income Fund II (NYSE:PCK) for 13,688 shares. Raymond James Fin Svcs Advsrs holds 11,267 shares or 0% of its portfolio. State Bank Of America De holds 32,991 shares or 0% of its portfolio. Wells Fargo And Co Mn accumulated 0% or 48,356 shares. Morgan Stanley holds 39,632 shares or 0% of its portfolio. Suntrust Banks last reported 0% of its portfolio in the stock. The Montana-based Da Davidson & Com has invested 0% in Pimco CA Muni. Income Fund II (NYSE:PCK). Commonwealth Equity Service holds 0% or 52,540 shares in its portfolio. Oppenheimer And Company owns 13,579 shares or 0% of their US portfolio. Rmb Limited Liability holds 20,820 shares or 0.01% of its portfolio. Creative Planning reported 9,386 shares or 0% of all its holdings. Lpl Fincl Ltd Company holds 104,046 shares or 0.01% of its portfolio. Fort Point Cap Prtnrs Ltd Liability Company has invested 0.07% of its portfolio in Pimco CA Muni. Income Fund II (NYSE:PCK). Destination Wealth Mngmt owns 16,000 shares or 0.01% of their US portfolio. The New York-based Citigroup Incorporated has invested 0% in Pimco CA Muni. Income Fund II (NYSE:PCK).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment