Ex-Div Reminder For Nuveen Massachusetts Premium Income Municipal Fund (NMT)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Massachusetts Premium Income Municipal Fund (NMT) NMT will trade ex-dividend, for its monthly dividend of $0.0555, payable on 5/1/13. As a percentage of NMT's recent stock price of $15.56, this dividend works out to approximately 0.36%.

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 NMT, showing historical dividends prior to the most recent $0.0555 declared by Nuveen Massachusetts Premium Income Municipal Fund:

NMT+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 NMT is likely to continue, and whether the current estimated yield of 4.28% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Nuveen Massachusetts Premium Income Municipal Fund shares are currently up about 0.7% on the day.

null

More from Stocks

General Electric Extends Declines After Shares Dropped From the Dow

General Electric Extends Declines After Shares Dropped From the Dow

Stocks Rise, GE Dropped From the Dow, Starbucks, Oracle - 5 Things You Must Know

Stocks Rise, GE Dropped From the Dow, Starbucks, Oracle - 5 Things You Must Know

Why Starbucks Stock Is Being Pounded After Revealing 150 Store Closures

Why Starbucks Stock Is Being Pounded After Revealing 150 Store Closures

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China