Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, Gabelli Global Utility & Income Trust (GLU) will trade ex-dividend, for its monthly dividend of $0.10, payable on 6/21/13. As a percentage of GLU's recent stock price of $20.40, this dividend works out to approximately 0.49%.
Below is a dividend history chart for GLU, showing historical dividends prior to the most recent $0.10 declared by Gabelli Global Utility & Income Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GLU is likely to continue, and whether the current estimated yield of 5.88% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GLU shares, versus its 200 day moving average:Looking at the chart above, GLU's low point in its 52 week range is $19.49 per share, with $24.07 as the 52 week high point — that compares with a last trade of $20.35.
In Monday trading, Gabelli Global Utility & Income Trust shares are currently off about 0.5% on the day.