Looking at the universe of stocks we cover at Dividend Channel, on 5/13/13, Wells Fargo Advantage Income Opportunities Fund (EAD) will trade ex-dividend, for its monthly dividend of $0.068, payable on 6/3/13. As a percentage of EAD's recent stock price of $10.29, this dividend works out to approximately 0.66%, so look for shares of Wells Fargo Advantage Income Opportunities Fund to trade 0.66% lower — all else being equal — when EAD shares open for trading on 5/13/13.
Below is a dividend history chart for EAD, showing historical dividends prior to the most recent $0.068 declared by Wells Fargo Advantage Income Opportunities Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from EAD is likely to continue, and whether the current estimated yield of 7.93% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EAD shares, versus its 200 day moving average:Looking at the chart above, EAD's low point in its 52 week range is $9.21 per share, with $11.88 as the 52 week high point — that compares with a last trade of $10.29.
In Thursday trading, Wells Fargo Advantage Income Opportunities Fund shares are currently up about 0.4% on the day.