Looking at the universe of stocks we cover at Dividend Channel, on 10/16/13, Western Asset Managed Municipals Fund ( MMU) will trade ex-dividend, for its monthly dividend of $0.065, payable on 10/25/13. As a percentage of MMU's recent stock price of $11.76, this dividend works out to approximately 0.55%, so look for shares of Western Asset Managed Municipals Fund to trade 0.55% lower — all else being equal — when MMU shares open for trading on 10/16/13.Below is a dividend history chart for MMU, showing historical dividends prior to the most recent $0.065 declared by Western Asset Managed Municipals Fund: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MMU is likely to continue, and whether the current estimated yield of 6.63% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MMU shares, versus its 200 day moving average: Looking at the chart above, MMU's low point in its 52 week range is $11.43 per share, with $16.42 as the 52 week high point — that compares with a last trade of $11.75.
Earn a FREE $100 Membership to ValueForum, Just By Telling Us About Your Favorite Stock! (Offer ends 11/10/2013) According to the ETF Finder at ETF Channel, MMU makes up 1.19% of the CEF Municipal Income ETF ( XMPT) which is trading lower by about 0.3% on the day Monday. In Monday trading, Western Asset Managed Municipals Fund shares are currently off about 0.8% on the day.