Looking at the universe of stocks we cover at Dividend Channel, on 11/19/13, Alpine Global Dynamic Dividend Fund (AGD) will trade ex-dividend, for its monthly dividend of $0.03, payable on 11/29/13. As a percentage of AGD's recent stock price of $4.99, this dividend works out to approximately 0.60%, so look for shares of Alpine Global Dynamic Dividend Fund to trade 0.60% lower — all else being equal — when AGD shares open for trading on 11/19/13.
Below is a dividend history chart for AGD, showing historical dividends prior to the most recent $0.03 declared by Alpine Global Dynamic Dividend Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AGD is likely to continue, and whether the current estimated yield of 7.21% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AGD shares, versus its 200 day moving average:Looking at the chart above, AGD's low point in its 52 week range is $4.40 per share, with $5.63 as the 52 week high point — that compares with a last trade of $4.99.
In Friday trading, Alpine Global Dynamic Dividend Fund shares are currently up about 0.4% on the day.