Looking at the universe of stocks we cover at Dividend Channel, on 12/19/13, Blackstone/GSO Senior Floating Rate Term Fund (BSL) will trade ex-dividend, for its monthly dividend of $0.11, payable on 12/31/13. As a percentage of BSL's recent stock price of $18.46, this dividend works out to approximately 0.60%, so look for shares of Blackstone/GSO Senior Floating Rate Term Fund to trade 0.60% lower — all else being equal — when BSL shares open for trading on 12/19/13.
Below is a dividend history chart for BSL, showing historical dividends prior to the most recent $0.11 declared by Blackstone/GSO Senior Floating Rate Term Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BSL is likely to continue, and whether the current estimated yield of 7.15% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BSL shares, versus its 200 day moving average:Looking at the chart above, BSL's low point in its 52 week range is $18.14 per share, with $22.21 as the 52 week high point — that compares with a last trade of $18.48.
In Wednesday trading, Blackstone/GSO Senior Floating Rate Term Fund shares are currently up about 0.1% on the day.