Dividend Insights on Pimco Municipal Income Fund III: Key Details Before Ex-Dividend Date Jun 12, 2025

Pimco Municipal Income Fund III has announced a dividend of $0.033 per share, with the ex-dividend date set for Jun 12, 2025, and the payment date scheduled for Jul 1, 2025. This dividend is notably lower than the average of the last 10 dividends, which stood at approximately $0.063. The announcement was made on Jun 2, 2025, marking a continuation of the same dividend amount from the previous cycle. The dividend type is cash dividend, emphasizing the company's consistent approach despite the lower payout compared to historical averages.

Recently, significant developments have occurred within Pimco Municipal Income Fund III. Over the past week, reports indicate that Bank of America Corp DE has increased its stake by purchasing 21,176 shares of PMX, reflecting confidence in the fund's potential. Analysts have noted that PMX stock opened at $6.77 on Fri, Jun 6, 2025, with a slight decline of 0.95% by the end of the day, closing at $6.76. This movement is aligned with the fund's 50-day moving average of $6.83, suggesting a stable yet cautious market sentiment.

In addition, Nuveen Asset Management LLC has recently increased its position in PMX, further highlighting institutional interest. As of late, PMX shares opened at $6.83 on a recent Friday, showcasing a 12-month low of $6.37. Analysts have indicated that the fund's price performance remains resilient despite fluctuations, underscoring its stability in the fixed income sector.

Furthermore, reports have surfaced regarding the broader dynamics of closed-end funds, including PMX. Over the past week, insights reveal that PMX maintains a yield of approximately 0.059, with a premium/discount around -5.5%. This data suggests a nuanced investor approach, balancing yield opportunities against market valuations.

In conclusion, Pimco Municipal Income Fund III offers a consistent dividend policy, with Jun 12, 2025, being the last day for investors to purchase shares and secure the upcoming dividend. Any acquisitions made after this ex-dividend date will not qualify for the current dividend payout.