Ex-Div Reminder for Alliance California Municipal Income Fund (AKP)

Looking at the universe of stocks we cover at Dividend Channel, on 6/3/15, Alliance California Municipal Income Fund (AKP) will trade ex-dividend, for its monthly dividend of $0.0627, payable on 6/19/15. As a percentage of AKP's recent stock price of $13.80, this dividend works out to approximately 0.45%.

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Below is a dividend history chart for AKP, showing historical dividends prior to the most recent $0.0627 declared by Alliance California Municipal Income Fund:

AKP+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 AKP is likely to continue, and whether the current estimated yield of 5.45% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of AKP shares, versus its 200 day moving average:

Alliance California Municipal Income Fund 200 Day Moving Average Chart

Looking at the chart above, AKP's low point in its 52 week range is $12.91 per share, with $14.30 as the 52 week high point — that compares with a last trade of $13.80.

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

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