Reminder - Federated Premier Intermediate Municipal Income Fund (FPT) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 10/21/13, Federated Premier Intermediate Municipal Income Fund ( FPT) will trade ex-dividend, for its monthly dividend of $0.0605, payable on 11/1/13. As a percentage of FPT's recent stock price of $12.15, this dividend works out to approximately 0.50%.

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Below is a dividend history chart for FPT, showing historical dividends prior to the most recent $0.0605 declared by Federated Premier Intermediate Municipal Income Fund:

FPT+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 FPT is likely to continue, and whether the current estimated yield of 5.98% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FPT shares, versus its 200 day moving average:

Federated Premier Intermediate Municipal Income Fund 200 Day Moving Average Chart

Looking at the chart above, FPT's low point in its 52 week range is $11.82 per share, with $16.21 as the 52 week high point — that compares with a last trade of $12.15.

In Thursday trading, Federated Premier Intermediate Municipal Income Fund shares are currently down about 0.3% on the day.
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