Cash Dividend On The Way From Nuveen California Investment Quality Municipal Fund, Inc. (NQC)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen California Investment Quality Municipal Fund, Inc. (NQC) NQC will trade ex-dividend, for its monthly dividend of $0.077, payable on 5/1/13. As a percentage of NQC's recent stock price of $15.57, this dividend works out to approximately 0.49%.

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Below is a dividend history chart for NQC, showing historical dividends prior to the most recent $0.077 declared by Nuveen California Investment Quality Municipal Fund, Inc.:

NQC+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 NQC is likely to continue, and whether the current estimated yield of 5.93% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Nuveen California Investment Quality Municipal Fund, Inc. shares are currently up about 0.2% on the day.

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