Cash Dividend On The Way From Templeton Global Income Fund (GIM)

Looking at the universe of stocks we cover at Dividend Channel, on 4/12/13, Templeton Global Income Fund (GIM) GIM will trade ex-dividend, for its monthly dividend of $0.035, payable on 4/30/13. As a percentage of GIM's recent stock price of $9.46, this dividend works out to approximately 0.37%.

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Below is a dividend history chart for GIM, showing historical dividends prior to the most recent $0.035 declared by Templeton Global Income Fund:

GIM+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 GIM is likely to continue, and whether the current estimated yield of 4.44% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, GIM makes up 1.15% of the CEF Income Composite Portfolio ETF ( PCEF) PCEF which is trading relatively unchanged on the day Wednesday.

In Wednesday trading, Templeton Global Income Fund shares are currently up about 0.3% on the day.

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