Ex-Div Reminder For Nuveen Quality Preferred Income Fund II (JPS)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Quality Preferred Income Fund II ( JPS) JPS will trade ex-dividend, for its monthly dividend of $0.055, payable on 5/1/13. As a percentage of JPS's recent stock price of $9.38, this dividend works out to approximately 0.59%, so look for shares of Nuveen Quality Preferred Income Fund II to trade 0.59% lower — all else being equal — when JPS shares open for trading on 4/11/13.

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Below is a dividend history chart for JPS, showing historical dividends prior to the most recent $0.055 declared by Nuveen Quality Preferred Income Fund II:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from JPS is likely to continue, and whether the current estimated yield of 7.04% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, JPS makes up 1.51% of the CEF Income Composite Portfolio ETF ( PCEF) PCEF which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Nuveen Quality Preferred Income Fund II shares are currently off about 0.2% on the day.