Looking at the universe of stocks we cover at Dividend Channel, on 5/1/13, ING Global Equity Dividend and Premium Opportunity Fund (IGD) will trade ex-dividend, for its monthly dividend of $0.084, payable on 5/15/13. As a percentage of IGD's recent stock price of $9.32, this dividend works out to approximately 0.90%, so look for shares of ING Global Equity Dividend and Premium Opportunity Fund to trade 0.90% lower — all else being equal — when IGD shares open for trading on 5/1/13.
Below is a dividend history chart for IGD, showing historical dividends prior to the most recent $0.084 declared by ING Global Equity Dividend and Premium Opportunity Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IGD is likely to continue, and whether the current estimated yield of 10.82% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IGD shares, versus its 200 day moving average:Looking at the chart above, IGD's low point in its 52 week range is $7.87 per share, with $9.54 as the 52 week high point — that compares with a last trade of $9.36.
According to the ETF Finder at ETF Channel, IGD makes up 1.47% of the CEF Income Composite Portfolio ETF (PCEF) which is trading relatively unchanged on the day Monday. In Monday trading, ING Global Equity Dividend and Premium Opportunity Fund shares are currently trading flat on the day.
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