Ex-Div Reminder For Nuveen North Carolina Premium Income Municipal Fund (NNC)

Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, Nuveen North Carolina Premium Income Municipal Fund ( NNC) will trade ex-dividend, for its monthly dividend of $0.0503, payable on 7/1/13. As a percentage of NNC's recent stock price of $13.64, this dividend works out to approximately 0.37%.

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 NNC, showing historical dividends prior to the most recent $0.0503 declared by Nuveen North Carolina Premium Income Municipal Fund:

NNC+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 NNC is likely to continue, and whether the current estimated yield of 4.43% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NNC shares, versus its 200 day moving average:

Nuveen North Carolina Premium Income Municipal Fund 200 Day Moving Average Chart

Looking at the chart above, NNC's low point in its 52 week range is $13.61 per share, with $16.16 as the 52 week high point — that compares with a last trade of $13.71.

In Monday trading, Nuveen North Carolina Premium Income Municipal Fund shares are currently down about 0.6% on the day.
null