Minnesota Municipal Income Portfolio About To Put More Money In Your Pocket (MXA)

Looking at the universe of stocks we cover at Dividend Channel, on 3/3/14, Minnesota Municipal Income Portfolio ( MXA) will trade ex-dividend, for its monthly dividend of $0.074, payable on 3/19/14. As a percentage of MXA's recent stock price of $16.60, this dividend works out to approximately 0.45%.

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Below is a dividend history chart for MXA, showing historical dividends prior to the most recent $0.074 declared by Minnesota Municipal Income Portfolio:

MXA+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 MXA is likely to continue, and whether the current estimated yield of 5.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MXA shares, versus its 200 day moving average:

Minnesota Municipal Income Portfolio 200 Day Moving Average Chart

Looking at the chart above, MXA's low point in its 52 week range is $13.92 per share, with $18.60 as the 52 week high point — that compares with a last trade of $16.60.

In Thursday trading, Minnesota Municipal Income Portfolio shares are currently up about 0.3% on the day.

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