SGL Ex-Dividend Reminder - 4/16/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/16/13, Strategic Global Income Fund Incorporated (SGL) will trade ex-dividend, for its monthly dividend of $0.0573, payable on 4/30/13. As a percentage of SGL's recent stock price of $10.67, this dividend works out to approximately 0.54%, so look for shares of Strategic Global Income Fund Incorporated to trade 0.54% lower — all else being equal — when SGL shares open for trading on 4/16/13.

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Below is a dividend history chart for SGL, showing historical dividends prior to the most recent $0.0573 declared by Strategic Global Income Fund Incorporated:

SGL+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 SGL is likely to continue, and whether the current estimated yield of 6.44% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of SGL shares, versus its 200 day moving average:

Strategic Global Income Fund Incorporated 200 Day Moving Average Chart

Looking at the chart above, SGL's low point in its 52 week range is $10.10 per share, with $11.48 as the 52 week high point — that compares with a last trade of $10.65.

According to the ETF Finder at ETF Channel, SGL makes up 1.84% of the Cleantech Portfolio ETF ( PZD) which is trading lower by about 0.5% on the day Friday.

In Friday trading, Strategic Global Income Fund Incorporated shares are currently off about 0.2% on the day.

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