PIMCO Municipal Income Fund III (PMX) To Go Ex-Dividend on December 12th

PIMCO Municipal Income Fund III (NYSE:PMX) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Thursday, December 12th will be paid a dividend of 0.033 per share by the investment management company on Thursday, January 2nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date is Thursday, December 12th.

PIMCO Municipal Income Fund III has decreased its dividend payment by an average of 10.5% per year over the last three years.

PIMCO Municipal Income Fund III Stock Performance

NYSE PMX opened at $7.93 on Wednesday. PIMCO Municipal Income Fund III has a 52-week low of $7.02 and a 52-week high of $8.52. The company has a 50-day simple moving average of $8.01 and a 200 day simple moving average of $7.88.

About PIMCO Municipal Income Fund III

PIMCO Municipal Income Fund III is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in in municipal bonds that pay interest that is exempt from federal income tax.