SmarterDividends
PCQ

PIMCO California Municipal Income Fund

PCQ

Financial Services · Stock · monthly payer

Forward Yield

4.84%

Annual Dividend

$0.43

Payout Ratio

1440%

5-Yr Growth

-11.1%

Ex-Date

Jun 11, 2026

Frequency

Monthly

PCQ Dividend Safety Score

57/ 100
Grade C

Borderline

Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage1440% of earnings paid out
Free-cash-flow coverage34% of free cash flow
Balance-sheet strengthDebt/equity of 0.72
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is PCQ a good dividend stock?

Mixed

PIMCO California Municipal Income Fund (PCQ) pays a monthly dividend yielding 4.84% ($0.43/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2022
    • Elevated payout ratio (1440%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    4.84%
    Payout Ratio
    1440%
    Annual Dividend
    $0.43
    5-Yr Avg Growth
    -11.1%
    Ex-Dividend Date
    Jun 11, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    0.40
    Market Cap
    $169.5M
    P/E Ratio
    297.7
    5-Yr Total Return
    -53%
    52-Week Range
    $8.16 – $9.19
    Dividend Safety
    C · 57/100
    Ever Cut?
    Yes (2022)
    PCQ ex-dividend date & scheduleNext ex-date Jun 11, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.43 / yr per share

    Per payment (monthly)$3.58
    Annual$43.00
    Monthly avg$3.58