JMT Ex-Dividend Reminder - 4/11/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Mortgage Opportunity Term Fund II ( JMT) JMT will trade ex-dividend, for its monthly dividend of $0.1725, payable on 5/1/13. As a percentage of JMT's recent stock price of $28.33, this dividend works out to approximately 0.61%, so look for shares of Nuveen Mortgage Opportunity Term Fund II to trade 0.61% lower — all else being equal — when JMT 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 JMT, showing historical dividends prior to the most recent $0.1725 declared by Nuveen Mortgage Opportunity Term Fund II:

JMT+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 JMT is likely to continue, and whether the current estimated yield of 7.31% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Nuveen Mortgage Opportunity Term Fund II shares are currently off about 1.1% on the day.
null

If you liked this article you might like

Monday's Ex-Dividends To Watch: JMT, TCRD, BTZ

3 Stocks Going Ex-Dividend Tomorrow: JMT, BLE, DSU

Tomorrow's Ex-Dividends To Watch: JMT, VPV, DRA

Dividend Watch: 3 Stocks Going Ex-Dividend Friday: JMT, MRCC, AVK

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: JMT, NSL, LEO