Looking at the universe of stocks we cover at Dividend Channel, on 5/13/13, Nuveen Premium Income Municipal Fund II, Inc. (NPM) will trade ex-dividend, for its monthly dividend of $0.072, payable on 6/3/13. As a percentage of NPM's recent stock price of $14.96, this dividend works out to approximately 0.48%.
Below is a dividend history chart for NPM, showing historical dividends prior to the most recent $0.072 declared by Nuveen Premium Income Municipal Fund II, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NPM is likely to continue, and whether the current estimated yield of 5.77% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NPM shares, versus its 200 day moving average:Looking at the chart above, NPM's low point in its 52 week range is $14.35 per share, with $16.12 as the 52 week high point — that compares with a last trade of $14.95.
According to the ETF Finder at ETF Channel, NPM makes up 3.05% of the CEF Municipal Income ETF (XMPT) which is trading relatively unchanged on the day Thursday. In Thursday trading, Nuveen Premium Income Municipal Fund II, Inc. shares are currently up about 0.1% on the day.