Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, Nuveen Insured Massachusetts Tax-Free Advantage Municipal Fund (NGX) will trade ex-dividend, for its monthly dividend of $0.048, payable on 7/1/13. As a percentage of NGX's recent stock price of $13.05, this dividend works out to approximately 0.37%.Below is a dividend history chart for NGX, showing historical dividends prior to the most recent $0.048 declared by Nuveen Insured Massachusetts Tax-Free Advantage Municipal Fund: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NGX is likely to continue, and whether the current estimated yield of 4.41% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of NGX shares, versus its 200 day moving average: Looking at the chart above, NGX's low point in its 52 week range is $12.76 per share, with $15.37 as the 52 week high point — that compares with a last trade of $13.05. According to Preferred Stock Channel, there is a series of preferred stock that is senior to NGX, which trades under the symbol NGX.PRC — more info ». In Monday trading, Nuveen Insured Massachusetts Tax-Free Advantage Municipal Fund shares are currently down about 0.7% on the day.
More from Stocks
Tesla Board Must Face Trial to Defend Huge Elon Musk Pay Deal: Report
Judge rules Elon Musk held sway over the company's compensation committee in designing package that could balloon to $70 billion.
Facebook Says It's Suspended 'Tens of Thousands' of Apps Following Investigation
Facebook says it has identified thousands of problematic apps and developers following an investigation in the wake of the Cambridge Analytica scandal last year.
Stocks End Down as China Trade Officials Cut Visit Short
Stocks finish down Friday after China trade officials cut their visit to the U.S. short.
China Trade Issues Cause Concern as Negative Seasonality Looms
Since 1960, the week following the third Friday of September has produced the most negative results of any week of the entire year.