Pimco California Municipal Income Fund III: Key Dividend and Trading Insights Before Jun 12, 2025

Pimco California Municipal Income Fund III has announced a dividend of $0.030 per share, payable on Jul 1, 2025. This marks a decrease compared to the average of the last ten dividends, which stood at $0.050 per share. The announcement was made on Jun 2, 2025, with the ex-dividend date set for Jun 12, 2025. Investors should note that the previous dividend, also $0.030 per share, was distributed on Jun 2, 2025. The type of dividend remains a cash distribution.

Recently, trading strategies for PZC have come under the spotlight, with plans suggesting buying slightly above $6.38, targeting $6.65, and implementing a stop loss at $6.37. Conversely, shorting near $6.38 with a target of $6.18 and a stop loss at $6.39 has been advised. As of late, analysts have highlighted a notable premium/discount of -10.3% for PZC, with a yield of 0.057, indicating potential growth and income opportunities.

Over the past week, market performance has been influenced by recent fluctuations, with PZC experiencing a decrease of 0.64%, bringing its price to $6.17. This shift reflects broader trends within the municipal fund sector, as investors assess potential impacts on revenue and profitability. Furthermore, strategic adjustments and investments in undervalued municipal securities continue to be a focal point, potentially exempting them from regular federal and California income taxes.

In conclusion, investors looking to benefit from the upcoming dividend payout must complete their stock purchases by Jun 12, 2025, the ex-dividend date. Any acquisitions made post this date will not be eligible for the current dividend distribution.