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

PIMCO Municipal Income Fund III (NYSE:PMXGet Free Report) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Thursday, July 11th will be given a dividend of 0.033 per share by the investment management company on Thursday, August 1st. This represents a $0.40 annualized dividend and a yield of 5.06%. The ex-dividend date is Thursday, July 11th.

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

PIMCO Municipal Income Fund III Stock Performance

Shares of NYSE:PMX opened at $7.83 on Wednesday. PIMCO Municipal Income Fund III has a 1 year low of $6.09 and a 1 year high of $8.09. The business has a 50 day simple moving average of $7.58 and a two-hundred day simple moving average of $7.49.

About PIMCO Municipal Income Fund III

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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.

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Dividend History for PIMCO Municipal Income Fund III (NYSE:PMX)

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