PZC Ex-Dividend Reminder - 4/9/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, PIMCO California Municipal Income Fund III ( PZC) PZC will trade ex-dividend, for its monthly dividend of $0.06, payable on 5/1/13. As a percentage of PZC's recent stock price of $11.08, this dividend works out to approximately 0.54%, so look for shares of PIMCO California Municipal Income Fund III to trade 0.54% lower — all else being equal — when PZC shares open for trading on 4/9/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for PZC, showing historical dividends prior to the most recent $0.06 declared by PIMCO California Municipal Income Fund III:

PZC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PZC is likely to continue, and whether the current estimated yield of 6.50% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, PIMCO California Municipal Income Fund III shares are currently trading flat on the day.
null

If you liked this article you might like

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: PZC, PFN, VVR

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: PZC, HPF, PDT

3 Stocks With Upcoming Ex-Dividend Dates: PZC, PKO, GCI

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: PZC, HPF, PKO

3 Stocks Going Ex-Dividend Tomorrow: PZC, PFL, PFN