Pimco CA Muni. Income Fund III (NYSE:PZC) declared a monthly dividend on Tuesday, December 4th, Wall Street Journal reports. Stockholders of record on Thursday, December 13th will be paid a dividend of 0.045 per share by the investment management company on Wednesday, January 2nd. This represents a $0.54 annualized dividend and a dividend yield of 5.41%. The ex-dividend date of this dividend is Wednesday, December 12th.
Pimco CA Muni. Income Fund III has decreased its dividend by an average of 0.8% per year over the last three years.
Shares of PZC stock traded up $0.26 on Tuesday, hitting $9.98. The stock had a trading volume of 51,100 shares, compared to its average volume of 42,605. Pimco CA Muni. Income Fund III has a twelve month low of $9.10 and a twelve month high of $11.05.
Pimco CA Muni. Income Fund III Company Profile
PIMCO California Municipal Income Fund III is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors.
Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks
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.