Looking at the universe of stocks we cover at Dividend Channel, on 10/16/13, Western Asset Municipal Defined Opportunity Trust ( MTT) will trade ex-dividend, for its monthly dividend of $0.084, payable on 10/25/13. As a percentage of MTT's recent stock price of $20.80, this dividend works out to approximately 0.40%.Below is a dividend history chart for MTT, showing historical dividends prior to the most recent $0.084 declared by Western Asset Municipal Defined Opportunity Trust: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MTT is likely to continue, and whether the current estimated yield of 4.85% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MTT shares, versus its 200 day moving average: Looking at the chart above, MTT's low point in its 52 week range is $19.96 per share, with $25.28 as the 52 week high point — that compares with a last trade of $20.80.
Earn a FREE $100 Membership to ValueForum, Just By Telling Us About Your Favorite Stock! (Offer ends 11/10/2013) In Monday trading, Western Asset Municipal Defined Opportunity Trust shares are currently off about 0.3% on the day.