PIMCO Municipal Income Fund III (NYSE:PMX – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Thursday, February 13th will be given 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 dividend yield of 5.31%. The ex-dividend date of this dividend is Thursday, February 13th.
PIMCO Municipal Income Fund III has decreased its dividend payment by an average of 10.5% per year over the last three years.
PIMCO Municipal Income Fund III Stock Down 0.1 %
Shares of PMX opened at $7.46 on Tuesday. The stock has a fifty day simple moving average of $7.42 and a two-hundred day simple moving average of $7.79. PIMCO Municipal Income Fund III has a 52-week low of $7.09 and a 52-week high of $8.52.
About PIMCO Municipal Income Fund III
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.
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