Ex-Div Reminder For Minnesota Municipal Income Fund II (MXN)

Looking at the universe of stocks we cover at Dividend Channel, on 3/3/14, Minnesota Municipal Income Fund II ( MXN) will trade ex-dividend, for its monthly dividend of $0.0625, payable on 3/19/14. As a percentage of MXN's recent stock price of $13.70, this dividend works out to approximately 0.46%.

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Below is a dividend history chart for MXN, showing historical dividends prior to the most recent $0.0625 declared by Minnesota Municipal Income Fund II:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MXN is likely to continue, and whether the current estimated yield of 5.47% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MXN shares, versus its 200 day moving average:

Minnesota Municipal Income Fund II 200 Day Moving Average Chart

Looking at the chart above, MXN's low point in its 52 week range is $12.56 per share, with $17.85 as the 52 week high point — that compares with a last trade of $13.70.

In Thursday trading, Minnesota Municipal Income Fund II shares are currently trading flat on the day.

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