Ex-Div Reminder For Nuveen Mortgage Opportunity Term Fund (JLS)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Mortgage Opportunity Term Fund (JLS) JLS will trade ex-dividend, for its monthly dividend of $0.1725, payable on 5/1/13. As a percentage of JLS's recent stock price of $28.79, this dividend works out to approximately 0.60%, so look for shares of Nuveen Mortgage Opportunity Term Fund to trade 0.60% lower — all else being equal — when JLS shares open for trading on 4/11/13.

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 JLS, showing historical dividends prior to the most recent $0.1725 declared by Nuveen Mortgage Opportunity Term Fund:

JLS+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 JLS is likely to continue, and whether the current estimated yield of 7.19% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Nuveen Mortgage Opportunity Term Fund shares are currently trading flat on the day.

null

More from Stocks

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Why The FANG Stocks' Dominance May Not Be So Bad For The Market

Why The FANG Stocks' Dominance May Not Be So Bad For The Market

At End of May, Investors Signalling They May Stay Away

At End of May, Investors Signalling They May Stay Away

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever