Looking at the universe of stocks we cover at Dividend Channel, on 6/26/14, TCW Strategic Income Fund (TSI) will trade ex-dividend, for its quarterly dividend of $0.0725, payable on 7/11/14. As a percentage of TSI's recent stock price of $5.55, this dividend works out to approximately 1.31%, so look for shares of TCW Strategic Income Fund to trade 1.31% lower — all else being equal — when TSI shares open for trading on 6/26/14.
Below is a dividend history chart for TSI, showing historical dividends prior to the most recent $0.0725 declared by TCW Strategic 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 TSI is likely to continue, and whether the current estimated yield of 5.23% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TSI shares, versus its 200 day moving average:Looking at the chart above, TSI's low point in its 52 week range is $5.20 per share, with $5.62 as the 52 week high point — that compares with a last trade of $5.55.
In Tuesday trading, TCW Strategic Income Fund shares are currently off about 0.4% on the day.