Pimco Municipal Income Fund III (NYSE:PMX) announced a monthly dividend on Friday, November 1st, Zacks reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.051 per share by the investment management company on Monday, December 2nd. This represents a $0.61 dividend on an annualized basis and a yield of 4.78%. The ex-dividend date is Friday, November 8th.
PMX stock traded up $0.08 during trading on Wednesday, reaching $12.81. The company had a trading volume of 2,097 shares, compared to its average volume of 57,695. The firm has a 50-day simple moving average of $12.65 and a 200-day simple moving average of $12.46. Pimco Municipal Income Fund III has a twelve month low of $10.87 and a twelve month high of $13.00.
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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