PIMCO Municipal Income Fund III About To Put More Money In Your Pocket (PMX)

Looking at the universe of stocks we cover at Dividend Channel, on 2/11/14, PIMCO Municipal Income Fund III ( PMX) will trade ex-dividend, for its monthly dividend of $0.07, payable on 3/3/14. As a percentage of PMX's recent stock price of $10.66, this dividend works out to approximately 0.66%, so look for shares of PIMCO Municipal Income Fund III to trade 0.66% lower — all else being equal — when PMX shares open for trading on 2/11/14.

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Below is a dividend history chart for PMX, showing historical dividends prior to the most recent $0.07 declared by PIMCO Municipal Income Fund III:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PMX is likely to continue, and whether the current estimated yield of 7.88% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PMX shares, versus its 200 day moving average:

PIMCO Municipal Income Fund III 200 Day Moving Average Chart

Looking at the chart above, PMX's low point in its 52 week range is $9.53 per share, with $12.84 as the 52 week high point — that compares with a last trade of $10.66.

In Friday trading, PIMCO Municipal Income Fund III shares are currently up about 0.1% on the day.

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