Pimco Municipal Income Fund III (NYSE:PMX) announced a monthly dividend on Thursday, September 7th, Wall Street Journal reports. Investors of record on Monday, September 11th will be paid a dividend of 0.0558 per share by the investment management company on Monday, October 2nd. This represents a $0.67 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date is Friday, September 8th.

Pimco Municipal Income Fund III has decreased its dividend by an average of 6.6% annually over the last three years.

Shares of Pimco Municipal Income Fund III (NYSE:PMX) traded up 0.17% during mid-day trading on Thursday, reaching $12.14. The company had a trading volume of 4,830 shares. The company has a 50 day moving average price of $11.93 and a 200 day moving average price of $11.62. Pimco Municipal Income Fund III has a one year low of $10.82 and a one year high of $12.93.

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About Pimco Municipal Income Fund III

PIMCO 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 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 income tax.

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

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