PIMCO Municipal Income Fund III (PMX) to Issue Monthly Dividend of $0.03 on August 1st

PIMCO Municipal Income Fund III (NYSE:PMXGet Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date is Thursday, July 11th.

PIMCO Municipal Income Fund III has decreased its dividend 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. The stock’s 50-day moving average is $7.55 and its 200 day moving average is $7.48. PIMCO Municipal Income Fund III has a 1 year low of $6.09 and a 1 year high of $8.13.

PIMCO Municipal Income Fund III Company Profile

(Get Free Report)

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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