Thursday Is Your Last Chance To Buy PIMCO CA Muni Income Fund Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
PIMCO CA Muni Income Fund (NYSE:PCK) announced a monthly dividend of 2.15 cents per share, going ex-dividend on Friday. Shareholders owning the stock by the end of Thursday are eligible for the payout on April 01, 2024. The stock is expected to open 2.15 cents lower on the ex-dividend date.
March 05, 2024 | 2:46 pm
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PIMCO CA Muni Income Fund announces a monthly dividend of 2.15 cents per share, with the stock expected to open lower on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in stock price to reflect the payout amount, as indicated by the expected opening price drop of 2.15 cents on the ex-dividend date.
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