PIMCO California Municipal Income Fund III (NYSE:PZC) Declares Monthly Dividend of $0.03

PIMCO California Municipal Income Fund III (NYSE:PZC) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.0295 per share by the investment management company on Tuesday, April 1st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date of this dividend is Thursday, March 13th.

PIMCO California Municipal Income Fund III has decreased its dividend payment by an average of 8.1% annually over the last three years.

PIMCO California Municipal Income Fund III Price Performance

PIMCO California Municipal Income Fund III stock opened at $6.76 on Tuesday. PIMCO California Municipal Income Fund III has a twelve month low of $6.60 and a twelve month high of $7.86. The firm has a 50 day moving average price of $6.79 and a 200-day moving average price of $7.09.

PIMCO California Municipal 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.