NBW Ex-Dividend Reminder - 8/27/14

Looking at the universe of stocks we cover at Dividend Channel, on 8/27/14, Neuberger California Intermediate Municipal Fund ( NBW) will trade ex-dividend, for its monthly dividend of $0.068, payable on 9/15/14. As a percentage of NBW's recent stock price of $15.10, this dividend works out to approximately 0.45%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for NBW, showing historical dividends prior to the most recent $0.068 declared by Neuberger California Intermediate Municipal Fund:

NBW+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 NBW is likely to continue, and whether the current estimated yield of 5.40% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NBW shares, versus its 200 day moving average:

Neuberger California Intermediate Municipal Fund 200 Day Moving Average Chart

Looking at the chart above, NBW's low point in its 52 week range is $13.22 per share, with $16.36 as the 52 week high point — that compares with a last trade of $15.10.

In Monday trading, Neuberger California Intermediate Municipal Fund shares are currently down about 0.2% on the day.

If you liked this article you might like

These Funds Get Top Ratings, Top Returns

These Funds Get Top Ratings, Top Returns

Volatility Pummels Closed-End Funds

Volatility Pummels Closed-End Funds