Reminder - Nuveen California Select Quality Municipal Fund (NVC) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 8/13/13, Nuveen California Select Quality Municipal Fund, Inc. (NVC) will trade ex-dividend, for its monthly dividend of $0.083, payable on 9/3/13. As a percentage of NVC's recent stock price of $13.67, this dividend works out to approximately 0.61%, so look for shares of Nuveen California Select Quality Municipal Fund, Inc. to trade 0.61% lower — all else being equal — when NVC shares open for trading on 8/13/13.

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 NVC, showing historical dividends prior to the most recent $0.083 declared by Nuveen California Select Quality Municipal Fund, Inc.:

NVC+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 NVC is likely to continue, and whether the current estimated yield of 7.29% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of NVC shares, versus its 200 day moving average:

Nuveen California Select Quality Municipal Fund, Inc. 200 Day Moving Average Chart

Looking at the chart above, NVC's low point in its 52 week range is $13.60 per share, with $17.62 as the 52 week high point — that compares with a last trade of $13.67.

In Friday trading, Nuveen California Select Quality Municipal Fund, Inc. shares are currently trading flat on the day.

null

More from Stocks

Bonds at Important Level as Market Awaits Fed Decision

Bonds at Important Level as Market Awaits Fed Decision

A Rally in This Sector Could Push the S&P 500 to 3,000

A Rally in This Sector Could Push the S&P 500 to 3,000

Striking Options: Fed, S&P 500, Crude Oil

Striking Options: Fed, S&P 500, Crude Oil

There's Actually a Correlation Between Economic Growth and Waste

There's Actually a Correlation Between Economic Growth and Waste

Dow Slips, Nasdaq Gains Ahead of Fed Decision Wednesday

Dow Slips, Nasdaq Gains Ahead of Fed Decision Wednesday