Looking at the universe of stocks we cover at Dividend Channel, on 10/16/13, Legg Mason BW Global Income Opportunities Fund (BWG) will trade ex-dividend, for its monthly dividend of $0.12, payable on 10/25/13. As a percentage of BWG's recent stock price of $17.08, this dividend works out to approximately 0.70%, so look for shares of Legg Mason BW Global Income Opportunities Fund to trade 0.70% lower — all else being equal — when BWG shares open for trading on 10/16/13.
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Below is a dividend history chart for BWG, showing historical dividends prior to the most recent $0.12 declared by Legg Mason BW Global Income 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 BWG is likely to continue, and whether the current estimated yield of 8.43% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BWG shares, versus its 200 day moving average:
Looking at the chart above, BWG's low point in its 52 week range is $15.66 per share, with $23.17 as the 52 week high point — that compares with a last trade of $17.10.
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