PIMCO California's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
PIMCO California (NYSE:PCQ) announced its ex-dividend date as Friday, with a dividend payout of 3.6 cents per share. Shareholders owning the stock by the end of Thursday are eligible for the dividend, set to be paid on March 01, 2024.
February 06, 2024 | 2:45 pm
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PIMCO California announces a dividend payout of 3.6 cents per share, with the ex-dividend date set for Friday.
The announcement of the dividend and the ex-dividend date typically leads to a short-term decrease in the stock price to reflect the payout. Since PCQ will trade lower by the amount of the dividend on the ex-dividend date, this is likely to cause a temporary dip in the stock price.
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