Looking at the universe of stocks we cover at Dividend Channel, on 10/9/13, Virtus Total Return Fund (DCA) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 10/18/13. As a percentage of DCA's recent stock price of $3.95, this dividend works out to approximately 1.52%, so look for shares of Virtus Total Return Fund to trade 1.52% lower — all else being equal — when DCA shares open for trading on 10/9/13.
Below is a dividend history chart for DCA, showing historical dividends prior to the most recent $0.06 declared by Virtus Total Return Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DCA is likely to continue, and whether the current estimated yield of 6.08% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DCA shares, versus its 200 day moving average:Looking at the chart above, DCA's low point in its 52 week range is $3.53 per share, with $4.34 as the 52 week high point — that compares with a last trade of $3.95.
In Monday trading, Virtus Total Return Fund shares are currently down about 0.8% on the day.