PIMCO New York Municipal Income Fund III About To Put More Money In Your Pocket (PYN)

Looking at the universe of stocks we cover at Dividend Channel, on 2/11/14, PIMCO New York Municipal Income Fund III ( PYN) will trade ex-dividend, for its monthly dividend of $0.0525, payable on 3/3/14. As a percentage of PYN's recent stock price of $9.03, this dividend works out to approximately 0.58%, so look for shares of PIMCO New York Municipal Income Fund III to trade 0.58% lower — all else being equal — when PYN shares open for trading on 2/11/14.

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 PYN, showing historical dividends prior to the most recent $0.0525 declared by PIMCO New York Municipal Income Fund III:

PYN+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 PYN is likely to continue, and whether the current estimated yield of 6.98% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PYN shares, versus its 200 day moving average:

PIMCO New York Municipal Income Fund III 200 Day Moving Average Chart

Looking at the chart above, PYN's low point in its 52 week range is $8.43 per share, with $10.67 as the 52 week high point — that compares with a last trade of $9.03.

In Friday trading, PIMCO New York Municipal Income Fund III shares are currently up about 0.3% on the day.

If you liked this article you might like

3 Stocks With Upcoming Ex-Dividend Dates: PYN, GGT, FSFR

3 Stocks With Upcoming Ex-Dividend Dates: PYN, GGT, FSFR

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: PYN, EVN, GNT

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: PYN, EVN, GNT

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: PYN, PMX, PGP

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: PYN, PMX, PGP

3 Stocks Going Ex-Dividend Tuesday: PYN, PCQ, PFL

3 Stocks Going Ex-Dividend Tuesday: PYN, PCQ, PFL

Dividend Watch: 3 Stocks Going Ex-Dividend Monday: PYN, HPF, PML

Dividend Watch: 3 Stocks Going Ex-Dividend Monday: PYN, HPF, PML