Looking at the universe of stocks we cover at Dividend Channel, on 9/10/13, Dreyfus High Yield Strategies Fund (DHF) will trade ex-dividend, for its monthly dividend of $0.032, payable on 9/26/13. As a percentage of DHF's recent stock price of $3.96, this dividend works out to approximately 0.81%, so look for shares of Dreyfus High Yield Strategies Fund to trade 0.81% lower — all else being equal — when DHF shares open for trading on 9/10/13.
Below is a dividend history chart for DHF, showing historical dividends prior to the most recent $0.032 declared by Dreyfus High Yield Strategies Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DHF is likely to continue, and whether the current estimated yield of 9.70% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DHF shares, versus its 200 day moving average:Looking at the chart above, DHF's low point in its 52 week range is $3.75 per share, with $4.61 as the 52 week high point — that compares with a last trade of $3.96.
In Friday trading, Dreyfus High Yield Strategies Fund shares are currently up about 0.3% on the day.