Cash Dividend On The Way From Alliance New York Municipal Income Fund (AYN)

Looking at the universe of stocks we cover at Dividend Channel, on 9/3/14, Alliance New York Municipal Income Fund (AYN) will trade ex-dividend, for its monthly dividend of $0.0514, payable on 9/19/14. As a percentage of AYN's recent stock price of $12.78, this dividend works out to approximately 0.40%.

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 AYN, showing historical dividends prior to the most recent $0.0514 declared by Alliance New York Municipal Income Fund:

AYN+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 AYN is likely to continue, and whether the current estimated yield of 4.83% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of AYN shares, versus its 200 day moving average:

Alliance New York Municipal Income Fund 200 Day Moving Average Chart

Looking at the chart above, AYN's low point in its 52 week range is $11.35 per share, with $12.90 as the 52 week high point — that compares with a last trade of $12.78.

In Tuesday trading, Alliance New York Municipal Income Fund shares are currently trading flat on the day.

More from Stocks

Amazon, Procter & Gamble, Southwest and Netflix - 5 Things You Must Know

Amazon, Procter & Gamble, Southwest and Netflix - 5 Things You Must Know

Just How Bad Is Facebook's Diversity Problem?

Just How Bad Is Facebook's Diversity Problem?

2 More Reasons to Sell All Your Stocks and Run Away

2 More Reasons to Sell All Your Stocks and Run Away

Why Aren't Markets Thinking About the Risk of a Syrian Counterattack?

Why Aren't Markets Thinking About the Risk of a Syrian Counterattack?

How Chinese Trade and Security Tensions Could Impact U.S. Tech Companies

How Chinese Trade and Security Tensions Could Impact U.S. Tech Companies