Cash Dividend On The Way From Invesco Van Kampen Municipal Opportunity Trust (VMO)

Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, Invesco Van Kampen Municipal Opportunity Trust ( VMO) VMO will trade ex-dividend, for its monthly dividend of $0.08, payable on 4/30/13. As a percentage of VMO's recent stock price of $14.33, this dividend works out to approximately 0.56%, so look for shares of Invesco Van Kampen Municipal Opportunity Trust to trade 0.56% lower — all else being equal — when VMO shares open for trading on 4/9/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for VMO, showing historical dividends prior to the most recent $0.08 declared by Invesco Van Kampen Municipal Opportunity Trust:

VMO+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 VMO is likely to continue, and whether the current estimated yield of 6.70% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, VMO makes up 1.01% of the CEF Municipal Income ETF ( XMPT) XMPT which is trading relatively unchanged on the day Friday.

In Friday trading, Invesco Van Kampen Municipal Opportunity Trust shares are currently up about 0.3% on the day.
null

If you liked this article you might like

3 Stocks With Upcoming Ex-Dividend Dates: RMT, VMO, SEAS

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: VLT, VPV, VMO

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: PGZ, VKI, VMO

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: PCK, PFL, VMO

Monday's Ex-Dividends To Watch: VKI, VMO, CPPL