Looking at the universe of stocks we cover at Dividend Channel, on 5/15/13, Blackstone/GSO Strategic Credit Fund (BGB) will trade ex-dividend, for its monthly dividend of $0.117, payable on 5/31/13. As a percentage of BGB's recent stock price of $19.97, this dividend works out to approximately 0.59%, so look for shares of Blackstone/GSO Strategic Credit Fund to trade 0.59% lower — all else being equal — when BGB shares open for trading on 5/15/13.
Below is a dividend history chart for BGB, showing historical dividends prior to the most recent $0.117 declared by Blackstone/GSO Strategic Credit Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BGB is likely to continue, and whether the current estimated yield of 7.03% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BGB shares, versus its 200 day moving average:Looking at the chart above, BGB's low point in its 52 week range is $18.17 per share, with $20.19 as the 52 week high point — that compares with a last trade of $19.97.
In Monday trading, Blackstone/GSO Strategic Credit Fund shares are currently down about 0.1% on the day.