Looking at the universe of stocks we cover at Dividend Channel, on 12/19/13, CBRE Clarion Global Real Estate Income Fund (IGR) will trade ex-dividend, for its monthly dividend of $0.045, payable on 12/31/13. As a percentage of IGR's recent stock price of $7.74, this dividend works out to approximately 0.58%, so look for shares of CBRE Clarion Global Real Estate Income Fund to trade 0.58% lower — all else being equal — when IGR shares open for trading on 12/19/13.
Below is a dividend history chart for IGR, showing historical dividends prior to the most recent $0.045 declared by CBRE Clarion Global Real Estate Income Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IGR is likely to continue, and whether the current estimated yield of 6.98% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IGR shares, versus its 200 day moving average:Looking at the chart above, IGR's low point in its 52 week range is $7.64 per share, with $10.37 as the 52 week high point — that compares with a last trade of $7.75.
In Wednesday trading, CBRE Clarion Global Real Estate Income Fund shares are currently up about 0.1% on the day.