VGM Ex-Dividend Reminder - 4/9/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, Invesco Van Kampen Trust for Investment Grade Municipals (VGM) VGM will trade ex-dividend, for its monthly dividend of $0.083, payable on 4/30/13. As a percentage of VGM's recent stock price of $14.94, this dividend works out to approximately 0.56%, so look for shares of Invesco Van Kampen Trust for Investment Grade Municipals to trade 0.56% lower — all else being equal — when VGM 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 VGM, showing historical dividends prior to the most recent $0.083 declared by Invesco Van Kampen Trust for Investment Grade Municipals:

VGM+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 VGM is likely to continue, and whether the current estimated yield of 6.67% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, VGM makes up 1.68% of the CEF Municipal Income ETF ( XMPT) XMPT which is trading relatively unchanged on the day Friday.

In Friday trading, Invesco Van Kampen Trust for Investment Grade Municipals shares are currently up about 0.5% on the day.

null

More from Stocks

The Best Investment Advice? Stay Diversified

The Best Investment Advice? Stay Diversified

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Listen: Should You Buy Cisco Now?

Listen: Should You Buy Cisco Now?

Amazon Could Devastate Walgreens and Rite Aid by Getting Into Pharmacy Business

Amazon Could Devastate Walgreens and Rite Aid by Getting Into Pharmacy Business

Amazon's Assault on Grocery Stores Will Have a Profound Impact on Many

Amazon's Assault on Grocery Stores Will Have a Profound Impact on Many