Ex-Div Reminder For Nuveen Massachusetts Premium Income Municipal Fund (NMT)

Tickers in this article: NMT
Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Massachusetts Premium Income Municipal Fund NMT will trade ex-dividend, for its monthly dividend of $0.0555, payable on 5/1/13. As a percentage of NMT's recent stock price of $15.56, this dividend works out to approximately 0.36%.

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Below is a dividend history chart for NMT, showing historical dividends prior to the most recent $0.0555 declared by Nuveen Massachusetts Premium Income Municipal Fund:

NMT+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 NMT is likely to continue, and whether the current estimated yield of 4.28% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Nuveen Massachusetts Premium Income Municipal Fund shares are currently up about 0.7% on the day.