Cash Dividend On The Way From Delaware Investments Minnesota Municipal Income Fund II (VMM)

Looking at the universe of stocks we cover at Dividend Channel, on 6/10/15, Delaware Investments Minnesota Municipal Income Fund II ( VMM) will trade ex-dividend, for its monthly dividend of $0.0525, payable on 6/26/15. As a percentage of VMM's recent stock price of $13.50, this dividend works out to approximately 0.39%.

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Below is a dividend history chart for VMM, showing historical dividends prior to the most recent $0.0525 declared by Delaware Investments Minnesota Municipal Income Fund II:

VMM+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 VMM is likely to continue, and whether the current estimated yield of 4.67% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of VMM shares, versus its 200 day moving average:

Delaware Investments Minnesota Municipal Income Fund II 200 Day Moving Average Chart

Looking at the chart above, VMM's low point in its 52 week range is $13.18 per share, with $14.22 as the 52 week high point — that compares with a last trade of $13.50.

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