Pimco CA Muni. Income Fund III (PZC) Plans $0.05 Monthly Dividend

Pimco CA Muni. Income Fund III (NYSE:PZC) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 11th will be paid a dividend of 0.045 per share by the investment management company on Tuesday, January 2nd. This represents a $0.54 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date is Friday, December 8th.

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 up $0.01 on Monday, hitting $10.27. The stock had a trading volume of 66,836 shares, compared to its average volume of 56,287. Pimco CA Muni. Income Fund III has a one year low of $10.14 and a one year high of $12.97.

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About Pimco CA Muni. Income Fund III

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)

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