Looking at the universe of stocks we cover at Dividend Channel, on 10/22/13, Strategic Global Income Fund Incorporated (SGL) will trade ex-dividend, for its monthly dividend of $0.0525, payable on 10/31/13. As a percentage of SGL's recent stock price of $9.16, this dividend works out to approximately 0.57%, so look for shares of Strategic Global Income Fund Incorporated to trade 0.57% lower — all else being equal — when SGL shares open for trading on 10/22/13.
Below is a dividend history chart for SGL, showing historical dividends prior to the most recent $0.0525 declared by Strategic Global Income Fund Incorporated:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SGL is likely to continue, and whether the current estimated yield of 6.88% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SGL shares, versus its 200 day moving average:Looking at the chart above, SGL's low point in its 52 week range is $8.87 per share, with $11.45 as the 52 week high point — that compares with a last trade of $9.16.
According to the ETF Finder at ETF Channel, SGL makes up 1.59% of the Cleantech Portfolio ETF (PZD) which is trading higher by about 0.6% on the day Friday. In Friday trading, Strategic Global Income Fund Incorporated shares are currently off about 0.2% on the day.