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%.

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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:

NGX+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 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:

Nuveen Insured Massachusetts Tax-Free Advantage Municipal Fund 200 Day Moving Average Chart

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.

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