Nuveen Quality Preferred Income Fund III About To Put More Money In Your Pocket (JHP)

Tickers in this article: JHP
Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Quality Preferred Income Fund III JHP will trade ex-dividend, for its monthly dividend of $0.052, payable on 5/1/13. As a percentage of JHP's recent stock price of $9.06, this dividend works out to approximately 0.57%, so look for shares of Nuveen Quality Preferred Income Fund III to trade 0.57% lower — all else being equal — when JHP shares open for trading on 4/11/13.

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 JHP, showing historical dividends prior to the most recent $0.052 declared by Nuveen Quality Preferred Income Fund III:

JHP+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 JHP is likely to continue, and whether the current estimated yield of 6.89% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Nuveen Quality Preferred Income Fund III shares are currently down about 0.1% on the day.