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.

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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.

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