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 Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be paid 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 is Monday, January 13th.

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

PIMCO California Municipal Income Fund III Stock Performance

PZC traded up $0.01 on Friday, hitting $6.89. The company had a trading volume of 73,171 shares, compared to its average volume of 52,485. PIMCO California Municipal Income Fund III has a 52-week low of $6.72 and a 52-week high of $7.90. The stock has a fifty day simple moving average of $7.07 and a 200-day simple moving average of $7.24.

About PIMCO California Municipal 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.