PIMCO Municipal Income Fund III (NYSE:PMX) Announces $0.03 Monthly Dividend

PIMCO Municipal Income Fund III (NYSE:PMX) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Thursday, February 13th will be paid a dividend of 0.033 per share by the investment management company on Monday, March 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 5.32%. The ex-dividend date is Thursday, February 13th.

PIMCO Municipal Income Fund III has decreased its dividend by an average of 10.5% annually over the last three years.

PIMCO Municipal Income Fund III Stock Up 0.4 %

PIMCO Municipal Income Fund III stock traded up $0.03 during trading hours on Tuesday, reaching $7.44. 99,819 shares of the stock were exchanged, compared to its average volume of 90,792. PIMCO Municipal Income Fund III has a 52-week low of $7.09 and a 52-week high of $8.52. The firm’s 50 day moving average is $7.45 and its 200 day moving average is $7.79.

PIMCO Municipal Income Fund III Company Profile

PIMCO Municipal Income Fund III is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in in municipal bonds that pay interest that is exempt from federal income tax.