Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, Nuveen Short Duration Credit Opportunities Fund (JSD) will trade ex-dividend, for its monthly dividend of $0.126, payable on 7/1/13. As a percentage of JSD's recent stock price of $20.05, this dividend works out to approximately 0.63%, so look for shares of Nuveen Short Duration Credit Opportunities Fund to trade 0.63% lower — all else being equal — when JSD shares open for trading on 6/12/13.
Below is a dividend history chart for JSD, showing historical dividends prior to the most recent $0.126 declared by Nuveen Short Duration Credit 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 JSD is likely to continue, and whether the current estimated yield of 7.54% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of JSD shares, versus its 200 day moving average:Looking at the chart above, JSD's low point in its 52 week range is $18.49 per share, with $31.86 as the 52 week high point — that compares with a last trade of $20.05.
In Monday trading, Nuveen Short Duration Credit Opportunities Fund shares are currently off about 0.7% on the day.