Reminder - Nuveen Massachusetts Dividend Advantage Municipal Fund (NMB) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, Nuveen Massachusetts Dividend Advantage Municipal Fund (NMB) will trade ex-dividend, for its monthly dividend of $0.054, payable on 7/1/13. As a percentage of NMB's recent stock price of $13.71, this dividend works out to approximately 0.39%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for NMB, showing historical dividends prior to the most recent $0.054 declared by Nuveen Massachusetts Dividend Advantage Municipal Fund:

NMB+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 NMB is likely to continue, and whether the current estimated yield of 4.73% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of NMB shares, versus its 200 day moving average:

Nuveen Massachusetts Dividend Advantage Municipal Fund 200 Day Moving Average Chart

Looking at the chart above, NMB's low point in its 52 week range is $13.27 per share, with $15.88 as the 52 week high point — that compares with a last trade of $13.71.

In Monday trading, Nuveen Massachusetts Dividend Advantage Municipal Fund shares are currently trading flat on the day.

null

More from Stocks

12 Stocks That Make Up the GLUM Index

12 Stocks That Make Up the GLUM Index

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Worth a Stunning $6.6 Trillion, Tech Stocks Have Taken Over the Market

Worth a Stunning $6.6 Trillion, Tech Stocks Have Taken Over the Market

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Here's Why Snap Shares Climbed Monday

Here's Why Snap Shares Climbed Monday