Ex-Div Reminder for Dreyfus Municipal Income (DMF)

Looking at the universe of stocks we cover at Dividend Channel, on 2/11/14, Dreyfus Municipal Income ( DMF) will trade ex-dividend, for its monthly dividend of $0.0525, payable on 2/28/14. As a percentage of DMF's recent stock price of $8.85, this dividend works out to approximately 0.59%, so look for shares of Dreyfus Municipal Income to trade 0.59% lower — all else being equal — when DMF shares open for trading on 2/11/14.

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Below is a dividend history chart for DMF, showing historical dividends prior to the most recent $0.0525 declared by Dreyfus Municipal Income:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DMF is likely to continue, and whether the current estimated yield of 7.12% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DMF shares, versus its 200 day moving average:

Dreyfus Municipal Income 200 Day Moving Average Chart

Looking at the chart above, DMF's low point in its 52 week range is $8.02 per share, with $11.15 as the 52 week high point — that compares with a last trade of $8.85.

In Friday trading, Dreyfus Municipal Income shares are currently off about 0.3% on the day.

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