Colonial Municipal Income Trust ( CMU ) will begin trading ex-dividend on August 12, 2014. A cash dividend payment of $0.024 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased CMU stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that CMU has paid the same dividend. At the current stock price of $4.36, the dividend yield is 6.61%.
The previous trading day's last sale of CMU was $4.36, representing a -4.8% decrease from the 52 week high of $4.58 and a 12.08% increase over the 52 week low of $3.89.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.