NAZ Ex-Dividend Reminder - 4/3/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/3/13, Nuveen Arizona Premium Income Municipal Fund, Inc. (NAZ) NAZ will trade ex-dividend, for its monthly dividend of $0.064, payable on 5/1/13. As a percentage of NAZ's recent stock price of $14.96, this dividend works out to approximately 0.43%.

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Below is a dividend history chart for NAZ, showing historical dividends prior to the most recent $0.064 declared by Nuveen Arizona Premium Income Municipal Fund, Inc.:

NAZ+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NAZ is likely to continue, and whether the current estimated yield of 5.13% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Nuveen Arizona Premium Income Municipal Fund, Inc. shares are currently up about 0.9% on the day.

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