Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Insured Massachusetts Tax-Free Advantage Municipal Fund (NGX) NGX will trade ex-dividend, for its monthly dividend of $0.048, payable on 5/1/13. As a percentage of NGX's recent stock price of $13.66, this dividend works out to approximately 0.35%.

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Below is a dividend history chart for NGX, showing historical dividends prior to the most recent $0.048 declared by Nuveen Insured Massachusetts Tax-Free Advantage Municipal Fund:

NGX+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 NGX is likely to continue, and whether the current estimated yield of 4.22% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Nuveen Insured Massachusetts Tax-Free Advantage Municipal Fund shares are currently trading flat on the day.

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