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

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 of this dividend is Thursday, February 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

PZC stock traded up $0.01 during trading on Tuesday, hitting $6.82. 42,309 shares of the company’s stock traded hands, compared to its average volume of 85,205. The business has a fifty day simple moving average of $6.89 and a 200 day simple moving average of $7.17. PIMCO California Municipal Income Fund III has a 52 week low of $6.60 and a 52 week high of $7.90.

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.