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

PIMCO California Municipal Income Fund III (NYSE:PZC) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be given a dividend of 0.0295 per share by the investment management company on Tuesday, October 1st. This represents a $0.35 annualized dividend and a yield of 4.75%. The ex-dividend date is Friday, September 13th.

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

PIMCO California Municipal Income Fund III Trading Up 0.1 %

PIMCO California Municipal Income Fund III stock traded up $0.01 during mid-day trading on Thursday, hitting $7.46. The company had a trading volume of 5,923 shares, compared to its average volume of 50,330. PIMCO California Municipal Income Fund III has a 12-month low of $6.30 and a 12-month high of $7.90. The company’s fifty day moving average is $7.29 and its 200-day moving average is $7.29.

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.