Looking at the universe of stocks we cover at Dividend Channel, on 3/19/14, Legg Mason BW Global Income Opportunities Fund (BWG) will trade ex-dividend, for its monthly dividend of $0.12, payable on 3/28/14. As a percentage of BWG's recent stock price of $17.00, this dividend works out to approximately 0.71%, so look for shares of Legg Mason BW Global Income Opportunities Fund to trade 0.71% lower — all else being equal — when BWG shares open for trading on 3/19/14.
Below is a dividend history chart for BWG, showing historical dividends prior to the most recent $0.12 declared by Legg Mason BW Global Income Opportunities Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BWG is likely to continue, and whether the current estimated yield of 8.47% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BWG shares, versus its 200 day moving average:Looking at the chart above, BWG's low point in its 52 week range is $15.58 per share, with $21.77 as the 52 week high point — that compares with a last trade of $17.00.
In Monday trading, Legg Mason BW Global Income Opportunities Fund shares are currently up about 0.4% on the day.