Cash Dividend On The Way From American Municipal Income Portfolio (XAA)

Looking at the universe of stocks we cover at Dividend Channel, on 3/3/14, American Municipal Income Portfolio ( XAA) will trade ex-dividend, for its monthly dividend of $0.08, payable on 3/19/14. As a percentage of XAA's recent stock price of $14.01, this dividend works out to approximately 0.57%, so look for shares of American Municipal Income Portfolio to trade 0.57% lower — all else being equal — when XAA shares open for trading on 3/3/14.

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Below is a dividend history chart for XAA, showing historical dividends prior to the most recent $0.08 declared by American Municipal Income Portfolio:

XAA+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 XAA is likely to continue, and whether the current estimated yield of 6.85% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of XAA shares, versus its 200 day moving average:

American Municipal Income Portfolio 200 Day Moving Average Chart

Looking at the chart above, XAA's low point in its 52 week range is $12.90 per share, with $16.43 as the 52 week high point — that compares with a last trade of $14.01.

In Thursday trading, American Municipal Income Portfolio shares are currently down about 0.1% on the day.

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