Pimco CA Muni. Income Fund III (NYSE:PZC) to Issue Monthly Dividend of $0.04

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Pimco CA Muni. Income Fund III (NYSE:PZC) declared a monthly dividend on Thursday, October 1st, Zacks reports. Stockholders of record on Tuesday, October 13th will be given a dividend of 0.038 per share by the investment management company on Monday, November 2nd. This represents a $0.46 annualized dividend and a dividend yield of 4.23%. The ex-dividend date is Friday, October 9th.

Pimco CA Muni. Income Fund III has decreased its dividend by 28.9% over the last three years and has raised its dividend every year for the last 1 years.

NYSE:PZC traded up $0.12 during mid-day trading on Friday, hitting $10.79. 20,239 shares of the company’s stock traded hands, compared to its average volume of 46,874. The company has a fifty day moving average of $10.65 and a 200 day moving average of $10.07. Pimco CA Muni. Income Fund III has a twelve month low of $7.13 and a twelve month high of $11.64.

About Pimco CA Muni. Income Fund III

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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Dividend History for Pimco CA Muni. Income Fund III (NYSE:PZC)

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