Dividend Information About Pimco California Municipal Income Fund: Everything You Need to Know Before Its Ex-Dividend Date on Sep 12, 2025

Pimco California Municipal Income Fund (PCQ) has recently announced a cash dividend of $0.03600000 per share, with an ex-dividend date set for Sep 12, 2025. The dividend was announced on Sep 2, 2025, and is scheduled to be paid out on Oct 1, 2025. This upcoming dividend amount is significantly lower than the average of the last 10 dividend payments, which stood at $0.07215487 per share. Investors should note that the last dividend was also $0.03600000 per share, paid on the same announcement date of Sep 2, 2025, and was also a cash dividend. Given the reduction from the average, the current payout reflects a notable dip in the fund’s distribution trend, raising questions about its performance and future dividend sustainability.

Over the past week, there has been increased scrutiny on PCQ as it faces evolving macroeconomic and policy risks in 2025, according to recent reports. Analysts indicated that shifting conditions could impact the fund’s operations and market performance, especially in a highly sensitive municipal bond environment. Additionally, a recent re-evaluation of PCQ highlighted concerns over its viability as an investment at the current market price, with a focus on its yield and risk exposure. Further, a recent report emphasized that the fund is trading at a discount of -10.2% as of late, with its price at $8.38, and a volume increase of 1.1% on Sep 8, 2025, signaling heightened investor attention.

As of late, the fund has also been under review due to broader market dynamics affecting tax-exempt municipal bonds. Industry observers noted that PCQ’s performance is closely tied to interest rate expectations and state-level fiscal health, both of which have shifted in recent months. With a recent SEC filing related to a sister fund, PIMCO Income Strategy Fund II, attention has also turned to broader portfolio management strategies and risk mitigation practices within the firm. These developments suggest that investors should closely monitor both macroeconomic trends and PIMCO’s internal strategy as they could influence PCQ’s future returns and stability.

In conclusion, as Pimco California Municipal Income Fund prepares to go ex-dividend on Sep 12, 2025, investors need to be aware that this is the last day to purchase the stock and be eligible for the upcoming dividend. Any purchase after this date will not entitle the investor to receive the $0.03600000 per share distribution.