Nuveen Premium Income Municipal Fund, Inc. About To Put More Money In Your Pocket (NPI)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Premium Income Municipal Fund, Inc. (NPI) NPI will trade ex-dividend, for its monthly dividend of $0.072, payable on 5/1/13. As a percentage of NPI's recent stock price of $14.57, this dividend works out to approximately 0.49%.

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

NPI+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 NPI 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.

According to the ETF Finder at ETF Channel, NPI makes up 2.72% 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, Inc. shares are currently down about 0.1% on the day.

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