Ex-Div Reminder For Nuveen Massachusetts Dividend Advantage Municipal Fund (NMB)

Tickers in this article: NMB
Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Massachusetts Dividend Advantage Municipal Fund NMB will trade ex-dividend, for its monthly dividend of $0.054, payable on 5/1/13. As a percentage of NMB's recent stock price of $14.70, this dividend works out to approximately 0.37%.

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 NMB, showing historical dividends prior to the most recent $0.054 declared by Nuveen Massachusetts Dividend Advantage Municipal Fund:

NMB+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 NMB is likely to continue, and whether the current estimated yield of 4.41% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Nuveen Massachusetts Dividend Advantage Municipal Fund shares are currently down about 0.8% on the day.