Pimco CA Muni. Income Fund III (NYSE:PZC) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, October 13th will be paid a dividend of 0.045 per share by the investment management company on Wednesday, November 1st. This represents a $0.54 annualized dividend and a yield of 4.96%. The ex-dividend date is Thursday, October 12th.

Pimco CA Muni. Income Fund III has decreased its dividend payment by an average of 2.9% per year over the last three years.

Shares of Pimco CA Muni. Income Fund III (NYSE PZC) traded down 0.37% during trading on Tuesday, reaching $10.88. 57,090 shares of the company’s stock traded hands. The stock has a 50-day moving average of $10.96 and a 200-day moving average of $11.68. Pimco CA Muni. Income Fund III has a 1-year low of $10.65 and a 1-year high of $12.97.

ILLEGAL ACTIVITY WARNING: “Pimco CA Muni. Income Fund III (PZC) Declares $0.05 Monthly Dividend” was first published by American Banking News and is the property of of American Banking News. If you are accessing this story on another website, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/10/03/pimco-ca-muni-income-fund-iii-pzc-declares-0-05-monthly-dividend.html.

Pimco CA Muni. Income Fund III Company Profile

PIMCO California Municipal Income Fund III (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from federal and California income tax. The Fund invests approximately 90% of its net assets (and over 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal and California income tax.

Dividend History for Pimco CA Muni. Income Fund III (NYSE:PZC)

Receive News & Ratings for Pimco CA Muni. Income Fund III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco CA Muni. Income Fund III and related companies with MarketBeat.com's FREE daily email newsletter.