Looking at the universe of stocks we cover at Dividend Channel, on 6/13/13, Stone Harbor Emerging Markets Income Fund (EDF) will trade ex-dividend, for its monthly dividend of $0.18, payable on 6/27/13. As a percentage of EDF's recent stock price of $21.50, this dividend works out to approximately 0.84%, so look for shares of Stone Harbor Emerging Markets Income Fund to trade 0.84% lower — all else being equal — when EDF shares open for trading on 6/13/13.
Below is a dividend history chart for EDF, showing historical dividends prior to the most recent $0.18 declared by Stone Harbor Emerging Markets 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 EDF is likely to continue, and whether the current estimated yield of 10.05% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EDF shares, versus its 200 day moving average:Looking at the chart above, EDF's low point in its 52 week range is $21.41 per share, with $26.54 as the 52 week high point — that compares with a last trade of $21.48.
In Tuesday trading, Stone Harbor Emerging Markets Income Fund shares are currently down about 0.7% on the day.