Nuveen Missouri Premium Income Municipal Fund's Term Preferred Shares About To Put More Money In Your Pocket

On 5/13/13, Nuveen Missouri Premium Income Municipal Fund's MuniFund Term Preferred Shares, 2.10% Series 2015 (NYSE: NOM.PRC) will trade ex-dividend, for its monthly dividend of $0.0175, payable on 6/3/13. As a percentage of NOM.PRC's recent share price of $10.09, this dividend works out to approximately 0.17%. On an annualized basis, the current yield is approximately 2.08%, which compares to an average yield of 3.20% in the "ETFs & CEFs" preferred stock category, according to Preferred Stock C...