PIMCO Municipal Income Fund III (NYSE:PMX – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Thursday, February 13th will be paid a dividend of 0.033 per share by the investment management company on Monday, March 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 5.32%. The ex-dividend date is Thursday, February 13th.
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 Price Performance
PMX stock opened at $7.44 on Wednesday. The firm has a 50 day simple moving average of $7.45 and a two-hundred day simple moving average of $7.79. PIMCO Municipal Income Fund III has a one year low of $7.09 and a one year high of $8.52.
PIMCO Municipal Income Fund III Company Profile
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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