Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, Nuveen California Dividend Advantage Municipal Fund (NAC) will trade ex-dividend, for its monthly dividend of $0.074, payable on 7/1/13. As a percentage of NAC's recent stock price of $14.43, this dividend works out to approximately 0.51%, so look for shares of Nuveen California Dividend Advantage Municipal Fund to trade 0.51% lower — all else being equal — when NAC shares open for trading on 6/12/13.
Nuveen California Dividend Advantage Municipal Fund About To Put More Money In Your Pocket (NAC)
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