PIMCO California Municipal Income Fund III Dividend
Dividend criteria checks 4/6
PIMCO California Municipal Income Fund III is a dividend paying company with a current yield of 5% that is well covered by earnings.
Key information
5.0%
Dividend yield
69%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.51 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
PIMCO California Municipal Income Fund III declares $0.0295 dividend
Feb 09PZC: I Would Expect Modest Gains For This California Muni Fund
Jan 27PIMCO California Municipal Income Fund III declares $0.038 dividend
Dec 08PIMCO California Municipal Income Fund III declares $0.038 dividend
Nov 04PIMCO California Municipal Income Fund III declares $0.038 dividend
Oct 03PIMCO California Municipal Income Fund III declares $0.038 dividend
Sep 02PIMCO California Municipal Income Fund III declares $0.038 dividend
Aug 02PIMCO California Municipal Income Fund III goes ex-dividend tomorrow
Jul 07PIMCO California Municipal Income Fund III declares $0.038 dividend
May 07PIMCO California Municipal Income Fund III declares $0.038 dividend
Jan 04PIMCO California Municipal Income Fund III declares $0.038 dividend
Dec 02PIMCO California Municipal Income Fund III declares $0.038 dividend
Nov 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PZC's dividend payments have been volatile in the past 10 years.
Growing Dividend: PZC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
PIMCO California Municipal Income Fund III Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PZC) | 5.0% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Capital Markets) | 2.4% |
Analyst forecast in 3 Years (PZC) | n/a |
Notable Dividend: PZC's dividend (5%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: PZC's dividend (5%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69%), PZC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.2%), PZC's dividend payments are well covered by cash flows.