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

PIMCO California Municipal Income Fund III (NYSE:PZC) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors 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 dividend yield of 5.19%. The ex-dividend date is Thursday, February 13th.

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

PIMCO California Municipal Income Fund III Stock Performance

Shares of NYSE PZC traded up $0.01 during midday trading on Tuesday, reaching $6.82. 42,309 shares of the company were exchanged, 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 stock has a fifty day simple moving average of $6.88 and a 200 day simple moving average of $7.16.

PIMCO California Municipal Income Fund III Company Profile

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.