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

by · The Cerbat Gem

PIMCO California Municipal Income Fund III (NYSE:PZC – Get Free Report) declared a monthly dividend on Tuesday, October 1st, NASDAQ reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.0295 per share by the investment management company on Friday, November 1st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.72%. The ex-dividend date is Friday, October 11th.

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

PIMCO California Municipal Income Fund III Stock Performance

Shares of PZC opened at $7.50 on Thursday. The company’s fifty day moving average is $7.38 and its 200 day moving average is $7.27. PIMCO California Municipal Income Fund III has a fifty-two week low of $6.30 and a fifty-two week high of $7.90.

About PIMCO California Municipal Income Fund III

(Get Free Report)

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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