Delaware Investments Minnesota Municipal Income Fund II About To Put More Money In Your Pocket (VMM)

Looking at the universe of stocks we cover at Dividend Channel, on 10/9/13, Delaware Investments Minnesota Municipal Income Fund II ( VMM) will trade ex-dividend, for its monthly dividend of $0.0575, payable on 10/25/13. As a percentage of VMM's recent stock price of $12.88, this dividend works out to approximately 0.45%.

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Below is a dividend history chart for VMM, showing historical dividends prior to the most recent $0.0575 declared by Delaware Investments Minnesota Municipal Income Fund II:

VMM+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 VMM is likely to continue, and whether the current estimated yield of 5.36% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of VMM shares, versus its 200 day moving average:

Delaware Investments Minnesota Municipal Income Fund II 200 Day Moving Average Chart

Looking at the chart above, VMM's low point in its 52 week range is $12.24 per share, with $16.81 as the 52 week high point — that compares with a last trade of $12.88.

In Monday trading, Delaware Investments Minnesota Municipal Income Fund II shares are currently up about 0.5% on the day.
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