NPM Ex-Dividend Reminder - 5/13/13

Looking at the universe of stocks we cover at Dividend Channel, on 5/13/13, Nuveen Premium Income Municipal Fund II, Inc. (NPM) will trade ex-dividend, for its monthly dividend of $0.072, payable on 6/3/13. As a percentage of NPM's recent stock price of $14.96, 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 5.77% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of NPM shares, versus its 200 day moving average:

Nuveen Premium Income Municipal Fund II, Inc. 200 Day Moving Average Chart

Looking at the chart above, NPM's low point in its 52 week range is $14.35 per share, with $16.12 as the 52 week high point — that compares with a last trade of $14.95.

According to the ETF Finder at ETF Channel, NPM makes up 3.05% of the CEF Municipal Income ETF ( XMPT) which is trading relatively unchanged on the day Thursday.

In Thursday trading, Nuveen Premium Income Municipal Fund II, Inc. shares are currently up about 0.1% on the day.

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