NIO Ex-Dividend Reminder - 4/11/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Municipal Opportunity Fund, Inc. ( NIO) NIO will trade ex-dividend, for its monthly dividend of $0.073, payable on 5/1/13. As a percentage of NIO's recent stock price of $15.02, this dividend works out to approximately 0.49%.

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Below is a dividend history chart for NIO, showing historical dividends prior to the most recent $0.073 declared by Nuveen Municipal Opportunity Fund, Inc.:

NIO+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 NIO is likely to continue, and whether the current estimated yield of 5.83% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, NIO makes up 4.22% of the CEF Municipal Income ETF ( XMPT) XMPT which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Nuveen Municipal Opportunity Fund, Inc. shares are currently up about 0.1% on the day.
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