Looking at the universe of stocks we cover at Dividend Channel, on 7/11/13, Nuveen Enhanced Municipal Value Fund (NEV) will trade ex-dividend, for its monthly dividend of $0.08, payable on 8/1/13. As a percentage of NEV's recent stock price of $13.95, this dividend works out to approximately 0.57%, so look for shares of Nuveen Enhanced Municipal Value Fund to trade 0.57% lower — all else being equal — when NEV shares open for trading on 7/11/13.
Below is a dividend history chart for NEV, showing historical dividends prior to the most recent $0.08 declared by Nuveen Enhanced Municipal Value Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NEV is likely to continue, and whether the current estimated yield of 6.88% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NEV shares, versus its 200 day moving average:Looking at the chart above, NEV's low point in its 52 week range is $13.80 per share, with $17.16 as the 52 week high point — that compares with a last trade of $13.95.
In Wednesday trading, Nuveen Enhanced Municipal Value Fund shares are currently off about 0.5% on the day.