Pimco CA Muni. Income Fund III (NYSE:PZC) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.0419 per share by the investment management company on Thursday, January 2nd. This represents a $0.50 annualized dividend and a yield of 4.44%. The ex-dividend date is Wednesday, December 11th.
PZC traded down $0.06 during midday trading on Wednesday, hitting $11.30. The company had a trading volume of 44,700 shares, compared to its average volume of 34,544. Pimco CA Muni. Income Fund III has a 52 week low of $9.02 and a 52 week high of $11.64. The stock’s 50 day moving average price is $11.37 and its 200 day moving average price is $11.23.
About Pimco CA Muni. Income Fund III
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.
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