Looking at the universe of stocks we cover at Dividend Channel, on 5/22/13, Western Asset Managed Municipals Fund (MMU) will trade ex-dividend, for its monthly dividend of $0.065, payable on 5/31/13. As a percentage of MMU's recent stock price of $14.67, this dividend works out to approximately 0.44%.
Below is a dividend history chart for MMU, showing historical dividends prior to the most recent $0.065 declared by Western Asset Managed Municipals Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MMU is likely to continue, and whether the current estimated yield of 5.32% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MMU shares, versus its 200 day moving average:Looking at the chart above, MMU's low point in its 52 week range is $13.71 per share, with $16.42 as the 52 week high point — that compares with a last trade of $14.67.
According to the ETF Finder at ETF Channel, MMU makes up 1.26% of the CEF Municipal Income ETF (XMPT) which is trading lower by about 0.1% on the day Monday. In Monday trading, Western Asset Managed Municipals Fund shares are currently up about 0.1% on the day.