Ex-Div Reminder For Nuveen Premium Income Municipal Fund II, Inc. (NPM)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Premium Income Municipal Fund II, Inc. (NPM) NPM will trade ex-dividend, for its monthly dividend of $0.072, payable on 5/1/13. As a percentage of NPM's recent stock price of $14.93, this dividend works out to approximately 0.48%.

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Below is a dividend history chart for NPM, showing historical dividends prior to the most recent $0.072 declared by Nuveen Premium Income Municipal Fund II, Inc.:

NPM+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 NPM is likely to continue, and whether the current estimated yield of 5.79% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, NPM makes up 3.09% 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 II, Inc. shares are currently trading flat on the day.

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