Pimco Municipal Income Fund III (NYSE:PMX) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Friday, October 13th will be given a dividend of 0.0558 per share by the investment management company on Wednesday, November 1st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.61%. The ex-dividend date is Thursday, October 12th.

Pimco Municipal Income Fund III has decreased its dividend by an average of 6.6% per year over the last three years.

Pimco Municipal Income Fund III (NYSE PMX) traded down 0.08% during midday trading on Tuesday, hitting $11.93. 35,337 shares of the company traded hands. Pimco Municipal Income Fund III has a 12-month low of $10.82 and a 12-month high of $12.77. The stock’s 50-day moving average is $11.94 and its 200-day moving average is $11.71.

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About Pimco Municipal Income Fund III

PIMCO 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 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 income tax.

Dividend History for Pimco Municipal Income Fund III (NYSE:PMX)

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