Pimco CA Muni. Income Fund III (NYSE:PZC) announced a monthly dividend on Wednesday, August 2nd, Wall Street Journal reports. Shareholders of record on Friday, August 11th will be paid a dividend of 0.045 per share by the investment management company on Friday, September 1st. This represents a $0.54 annualized dividend and a yield of 4.94%. The ex-dividend date of this dividend is Wednesday, August 9th.

Pimco CA Muni. Income Fund III has decreased its dividend payment by an average of 2.9% annually over the last three years.

Shares of Pimco CA Muni. Income Fund III (PZC) opened at 10.94 on Tuesday. The firm’s 50-day moving average price is $11.67 and its 200 day moving average price is $11.93. Pimco CA Muni. Income Fund III has a 12 month low of $10.67 and a 12 month high of $13.11.

TRADEMARK VIOLATION WARNING: This piece was originally published by Daily Political and is owned by of Daily Political. If you are viewing this piece on another site, it was illegally copied and republished in violation of US & international copyright law. The legal version of this piece can be read at https://www.dailypolitical.com/2017/08/08/pimco-ca-muni-income-fund-iii-pzc-announces-monthly-dividend-of-0-05.html.

Pimco CA Muni. Income Fund III Company Profile

PIMCO California Municipal Income Fund III (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from federal and California income tax. The Fund invests approximately 90% of its net assets (and over 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal and California income tax.

Dividend History for Pimco CA Muni. Income Fund III (NYSE:PZC)

Receive News & Ratings for Pimco CA Muni. Income Fund III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco CA Muni. Income Fund III and related companies with MarketBeat.com's FREE daily email newsletter.