Cash Dividend On The Way From Nuveen Municipal Advantage Fund, Inc. (NMA)

Tickers in this article: NMA XMPT
Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Municipal Advantage Fund, Inc. NMA will trade ex-dividend, for its monthly dividend of $0.067, payable on 5/1/13. As a percentage of NMA's recent stock price of $14.90, 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 NMA, showing historical dividends prior to the most recent $0.067 declared by Nuveen Municipal Advantage Fund, Inc.:

NMA+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 NMA 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.

According to the ETF Finder at ETF Channel, NMA makes up 1.92% of the CEF Municipal Income ETF XMPT which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Nuveen Municipal Advantage Fund, Inc. shares are currently down about 0.6% on the day.