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

PIMCO California Municipal Income Fund III (NYSE:PZC) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.0295 per share by the investment management company on Monday, February 3rd. This represents a $0.35 annualized dividend and a dividend yield of 5.14%. The ex-dividend date of this dividend is Monday, January 13th.

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

PIMCO California Municipal Income Fund III Price Performance

PZC traded up $0.01 on Friday, hitting $6.89. 73,171 shares of the company were exchanged, compared to its average volume of 52,485. The firm has a fifty day simple moving average of $7.07 and a two-hundred day simple moving average of $7.24. PIMCO California Municipal Income Fund III has a 12 month low of $6.72 and a 12 month high of $7.90.

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.