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

Pimco CA Muni. Income Fund III (NYSE:PZC) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Monday, August 12th will be given a dividend of 0.042 per share by the investment management company on Tuesday, September 3rd. This represents a $0.50 annualized dividend and a yield of 4.40%. The ex-dividend date is Friday, August 9th.

Pimco CA Muni. Income Fund III has decreased its dividend payment by an average of 9.1% per year over the last three years.

NYSE PZC traded up $0.04 during trading on Wednesday, hitting $11.46. 3,440 shares of the company’s stock traded hands, compared to its average volume of 33,850. The business’s fifty day moving average price is $11.29. Pimco CA Muni. Income Fund III has a 12-month low of $9.02 and a 12-month high of $11.56.

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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