Cash Dividend On The Way From Federated Premier Municipal Income Fund (FMN)

Looking at the universe of stocks we cover at Dividend Channel, on 5/20/15, Federated Premier Municipal Income Fund ( FMN) will trade ex-dividend, for its monthly dividend of $0.0735, payable on 6/1/15. As a percentage of FMN's recent stock price of $14.89, this dividend works out to approximately 0.49%.

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Below is a dividend history chart for FMN, showing historical dividends prior to the most recent $0.0735 declared by Federated Premier Municipal Income Fund:

FMN+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 FMN is likely to continue, and whether the current estimated yield of 5.92% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FMN shares, versus its 200 day moving average:

Federated Premier Municipal Income Fund 200 Day Moving Average Chart

Looking at the chart above, FMN's low point in its 52 week range is $14.37 per share, with $15.37 as the 52 week high point — that compares with a last trade of $14.89.

In Monday trading, Federated Premier Municipal Income Fund shares are currently up about 0.3% on the day.

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