Ex-Div Reminder For Nuveen Equity Premium And Growth Fund (JPG)

Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, Nuveen Equity Premium and Growth Fund ( JPG) will trade ex-dividend, for its quarterly dividend of $0.28, payable on 7/1/13. As a percentage of JPG's recent stock price of $14.11, this dividend works out to approximately 1.98%, so look for shares of Nuveen Equity Premium and Growth Fund to trade 1.98% lower — all else being equal — when JPG shares open for trading on 6/12/13.

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Below is a dividend history chart for JPG, showing historical dividends prior to the most recent $0.28 declared by Nuveen Equity Premium and Growth Fund:

JPG+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 JPG is likely to continue, and whether the current estimated yield of 7.94% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of JPG shares, versus its 200 day moving average:

Nuveen Equity Premium and Growth Fund 200 Day Moving Average Chart

Looking at the chart above, JPG's low point in its 52 week range is $12.11 per share, with $14.29 as the 52 week high point — that compares with a last trade of $14.11.

In Monday trading, Nuveen Equity Premium and Growth Fund shares are currently down about 0.3% on the day.

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