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.

More from Stocks

What You Need to Know About Facebook and Europe's New Privacy Rules

What You Need to Know About Facebook and Europe's New Privacy Rules

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?

GE Is Too Opaque, Too Diversified and Too Poorly Managed: Doug Kass Insider

GE Is Too Opaque, Too Diversified and Too Poorly Managed: Doug Kass Insider

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric