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

PIMCO California Municipal Income Fund III (NYSE:PZC) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Thursday, March 13th will be given a dividend of 0.0295 per share by the investment management company on Tuesday, April 1st. This represents a $0.35 annualized dividend and a yield of 5.20%. The ex-dividend date of this dividend is Thursday, March 13th.

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 Price Performance

NYSE PZC opened at $6.81 on Wednesday. The business’s 50 day moving average price is $6.80 and its 200-day moving average price is $7.10. PIMCO California Municipal Income Fund III has a fifty-two week low of $6.60 and a fifty-two week high of $7.87.

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.