Pimco CA Muni. Income Fund III (NYSE:PZC) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be given a dividend of 0.042 per share by the investment management company on Tuesday, October 1st. This represents a $0.50 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date is Thursday, September 12th.
Pimco CA Muni. Income Fund III has decreased its dividend payment by an average of 9.1% per year over the last three years.
PZC traded up $0.02 during trading on Thursday, reaching $11.37. 20,379 shares of the company’s stock were exchanged, compared to its average volume of 34,145. Pimco CA Muni. Income Fund III has a one year low of $9.02 and a one year high of $11.56. The firm has a fifty day moving average price of $11.34 and a two-hundred day moving average price of $10.97.
PIMCO California Municipal Income Fund III is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors.
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