PIMCO California Municipal Income Fund II Dividend
Dividend criteria checks 3/6
PIMCO California Municipal Income Fund II is a dividend paying company with a current yield of 4.56% that is well covered by earnings.
Key information
4.6%
Dividend yield
54%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.48 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
PCK: The Discount To NAV Is Not Enough To Remain Bullish (Rating Downgrade)
Aug 17Pimco California Municipal Income Fund II declares $0.0215 dividend
Feb 09Pimco California Municipal Income Fund II decreases monthly dividend by -32.8% to $0.0215/share
Jan 04Pimco California Municipal Income Fund II goes ex-dividend tomorrow
Dec 08Pimco California Municipal Income Fund II declares $0.032 dividend
Oct 03PCK: Large, Short-Term Return Tells Me To Be Cautious
Sep 15Pimco California Municipal Income Fund II declares $0.032 dividend
Sep 02PCK: Trades At Discount To NAV, Rising Inflation Can Cause Pain
Jun 22Pimco California Municipal Income Fund II declares $0.032 dividend
May 07Pimco California Municipal Income Fund II declares $0.032 dividend
Jan 04Pimco California Municipal Income Fund II declares $0.01 dividend
Dec 08Pimco California Municipal Income Fund II declares $0.032 dividend
Dec 02Pimco California Municipal Income Fund II declares $0.032 dividend
Nov 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PCK's dividend payments have been volatile in the past 10 years.
Growing Dividend: PCK's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
PIMCO California Municipal Income Fund II Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PCK) | 4.6% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.9% |
Industry Average (Capital Markets) | 2.4% |
Analyst forecast in 3 Years (PCK) | n/a |
Notable Dividend: PCK's dividend (4.56%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: PCK's dividend (4.56%) is low compared to the top 25% of dividend payers in the US market (4.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.7%), PCK's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.1%), PCK's dividend payments are well covered by cash flows.