Cash Dividend On The Way From Nuveen Premium Income Municipal Fund IIII (NPT)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Premium Income Municipal Fund 4, Inc. ( NPT) NPT will trade ex-dividend, for its monthly dividend of $0.068, payable on 5/1/13. As a percentage of NPT's recent stock price of $14.31, this dividend works out to approximately 0.48%.

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Below is a dividend history chart for NPT, showing historical dividends prior to the most recent $0.068 declared by Nuveen Premium Income Municipal Fund 4, Inc.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NPT is likely to continue, and whether the current estimated yield of 5.70% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, NPT makes up 1.59% of the CEF Municipal Income ETF ( XMPT) XMPT which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Nuveen Premium Income Municipal Fund 4, Inc. shares are currently trading flat on the day.