Looking at the universe of stocks we cover at Dividend Channel, on 6/13/13, Duff & Phelps Global Utility Income Fund (DPG) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 6/28/13. As a percentage of DPG's recent stock price of $18.75, this dividend works out to approximately 1.87%, so look for shares of Duff & Phelps Global Utility Income Fund to trade 1.87% lower — all else being equal — when DPG shares open for trading on 6/13/13.
Below is a dividend history chart for DPG, showing historical dividends prior to the most recent $0.35 declared by Duff & Phelps Global Utility Income Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DPG is likely to continue, and whether the current estimated yield of 7.47% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DPG shares, versus its 200 day moving average:Looking at the chart above, DPG's low point in its 52 week range is $16.52 per share, with $21.14 as the 52 week high point — that compares with a last trade of $18.75.
In Tuesday trading, Duff & Phelps Global Utility Income Fund shares are currently off about 0.5% on the day.