Looking at the universe of stocks we cover at Dividend Channel, on 11/19/13, Managed High Yield Plus Fund (HYF) will trade ex-dividend, for its monthly dividend of $0.015, payable on 11/29/13. As a percentage of HYF's recent stock price of $2.05, this dividend works out to approximately 0.73%, so look for shares of Managed High Yield Plus Fund to trade 0.73% lower — all else being equal — when HYF shares open for trading on 11/19/13.
Below is a dividend history chart for HYF, showing historical dividends prior to the most recent $0.015 declared by Managed High Yield Plus Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HYF is likely to continue, and whether the current estimated yield of 8.78% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HYF shares, versus its 200 day moving average:Looking at the chart above, HYF's low point in its 52 week range is $1.87 per share, with $2.29 as the 52 week high point — that compares with a last trade of $2.05.
According to the ETF Finder at ETF Channel, HYF makes up 1.05% of the Guggenheim S&P Global Water Index ETF (CGW) which is trading higher by about 0.5% on the day Friday. In Friday trading, Managed High Yield Plus Fund shares are currently up about 0.5% on the day.