PIMCO California Municipal Income Fund III to Issue Monthly Dividend of $0.03 (NYSE:PZC)

PIMCO California Municipal Income Fund III (NYSE:PZC) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Thursday, February 13th will be given a dividend of 0.0295 per share by the investment management company on Monday, March 3rd. This represents a $0.35 dividend on an annualized basis and a yield of 5.19%. The ex-dividend date of this dividend is Thursday, February 13th.

PIMCO California Municipal Income Fund III has decreased its dividend by an average of 8.1% per year over the last three years.

PIMCO California Municipal Income Fund III Stock Up 0.1 %

Shares of NYSE PZC traded up $0.01 during mid-day trading on Tuesday, hitting $6.82. The company had a trading volume of 42,309 shares, compared to its average volume of 85,205. PIMCO California Municipal Income Fund III has a 1-year low of $6.60 and a 1-year high of $7.90. The business’s 50-day simple moving average is $6.88 and its 200 day simple moving average is $7.16.

About PIMCO California Municipal 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.