Ex-Div Reminder For Nuveen Enhanced Municipal Value Fund (NEV)

Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, Nuveen Enhanced Municipal Value Fund (NEV) will trade ex-dividend, for its monthly dividend of $0.08, payable on 7/1/13. As a percentage of NEV's recent stock price of $14.89, this dividend works out to approximately 0.54%, so look for shares of Nuveen Enhanced Municipal Value Fund to trade 0.54% lower — all else being equal — when NEV shares open for trading on 6/12/13.

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Below is a dividend history chart for NEV, showing historical dividends prior to the most recent $0.08 declared by Nuveen Enhanced Municipal Value Fund:

NEV+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 NEV is likely to continue, and whether the current estimated yield of 6.45% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of NEV shares, versus its 200 day moving average:

Nuveen Enhanced Municipal Value Fund 200 Day Moving Average Chart

Looking at the chart above, NEV's low point in its 52 week range is $14.56 per share, with $17.16 as the 52 week high point — that compares with a last trade of $14.89.

In Monday trading, Nuveen Enhanced Municipal Value Fund shares are currently off about 2.3% on the day.

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