DIVIDEND ANNOUNCEMENT: Pimco Municipal Income Fund III (NYSE:PMX) on 09/03/2019 declared a dividend of $0.0507 per share

Pimco Municipal Income Fund III (NYSE:PMX) on 09/03/2019 declared a dividend of $ 0.0507 per share payable on October 01, 2019 to shareholders of record as of September 13, 2019.

Pimco Municipal Income Fund III (NYSE:PMX) has paid dividends since 2002, has a current dividend yield of 5.0433411598% and has increased its dividends for 1 successive years.

Pimco Municipal Income Fund III's market cap is $ 366,195,330 and has a PE ratio of 16.70. The stock price closed yesterday at $ 12.69 and has a 52 week low/high of $ 10.76 and $ 13.00.

Pimco Municipal Income Fund III is a non-diversified, closed-end management investment company. The Fund invests substantially all of its assets in a portfolio of municipal bonds, the interest from which is exempt from federal income taxes. The Fund invest in interest rates of residual interest municipal bonds and residual interest tax exempt bonds, whose interest rates bear an inverse relationship to the interest rate on another security or the value of an index. As of Dec 31 2016, the Fund's total assets were $579,261,000 and its investment portfolio totaled $571,725,000. .

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