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

PIMCO Municipal Income Fund III (NYSE:PMX) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Thursday, February 13th will be given a dividend of 0.033 per share by the investment management company on Monday, March 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 5.32%. The ex-dividend date of this dividend is Thursday, February 13th.

PIMCO Municipal Income Fund III has decreased its dividend by an average of 10.5% annually over the last three years.

PIMCO Municipal Income Fund III Stock Up 0.4 %

NYSE:PMX traded up $0.03 during trading on Tuesday, reaching $7.44. The company’s stock had a trading volume of 99,819 shares, compared to its average volume of 90,792. PIMCO Municipal Income Fund III has a 12 month low of $7.09 and a 12 month high of $8.52. The firm has a 50 day moving average of $7.45 and a 200-day moving average of $7.79.

PIMCO Municipal Income Fund III Company Profile

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.