Looking at the universe of stocks we cover at Dividend Channel, on 5/8/13, MCG Capital Corporation (MCGC) will trade ex-dividend, for its quarterly dividend of $0.125, payable on 5/31/13. As a percentage of MCGC's recent stock price of $5.35, this dividend works out to approximately 2.34%, so look for shares of MCG Capital Corporation to trade 2.34% lower — all else being equal — when MCGC shares open for trading on 5/8/13.
Below is a dividend history chart for MCGC, showing historical dividends prior to the most recent $0.125 declared by MCG Capital Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MCGC is likely to continue, and whether the current estimated yield of 9.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MCGC shares, versus its 200 day moving average:Looking at the chart above, MCGC's low point in its 52 week range is $3.97 per share, with $5.40 as the 52 week high point — that compares with a last trade of $5.35.
According to the ETF Finder at ETF Channel, MCGC makes up 2.53% of the BDC Income ETF (BIZD) which is trading higher by about 0.3% on the day Monday. In Monday trading, MCG Capital Corporation shares are currently up about 0.6% on the day.