Looking at the universe of stocks we cover at Dividend Channel, on 1/22/14, Western Asset Worldwide Income Fund (SBW) will trade ex-dividend, for its monthly dividend of $0.084, payable on 1/31/14. As a percentage of SBW's recent stock price of $12.23, this dividend works out to approximately 0.69%, so look for shares of Western Asset Worldwide Income Fund to trade 0.69% lower — all else being equal — when SBW shares open for trading on 1/22/14.
Below is a dividend history chart for SBW, showing historical dividends prior to the most recent $0.084 declared by Western Asset Worldwide 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 SBW is likely to continue, and whether the current estimated yield of 8.24% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SBW shares, versus its 200 day moving average:Looking at the chart above, SBW's low point in its 52 week range is $11.74 per share, with $15.68 as the 52 week high point — that compares with a last trade of $12.20.
In Tuesday trading, Western Asset Worldwide Income Fund shares are currently up about 0.4% on the day.