Cash Dividend On The Way From Multi-Strategy Income And Growth Fund II (JQC)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Multi-Strategy Income and Growth Fund II ( JQC) JQC will trade ex-dividend, for its monthly dividend of $0.0692, payable on 5/1/13. As a percentage of JQC's recent stock price of $10.58, this dividend works out to approximately 0.65%, so look for shares of Multi-Strategy Income and Growth Fund II to trade 0.65% lower — all else being equal — when JQC shares open for trading on 4/11/13.

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Below is a dividend history chart for JQC, showing historical dividends prior to the most recent $0.0692 declared by Multi-Strategy Income and Growth Fund II:

JQC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from JQC is likely to continue, and whether the current estimated yield of 7.85% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, JQC makes up 1.46% of the CEF Income Composite Portfolio ETF ( PCEF) PCEF which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Multi-Strategy Income and Growth Fund II shares are currently up about 0.7% on the day.
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