Cash Dividend On The Way From Flaherty Crumrine Trust Fund (FLC)

Looking at the universe of stocks we cover at Dividend Channel, on 4/19/13, Flaherty Crumrine Trust Fund Incorporated ( FLC) will trade ex-dividend, for its monthly dividend of $0.136, payable on 4/30/13. As a percentage of FLC's recent stock price of $21.74, this dividend works out to approximately 0.63%, so look for shares of Flaherty Crumrine Trust Fund Incorporated to trade 0.63% lower — all else being equal — when FLC shares open for trading on 4/19/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for FLC, showing historical dividends prior to the most recent $0.136 declared by Flaherty Crumrine Trust Fund Incorporated:

FLC+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 FLC is likely to continue, and whether the current estimated yield of 7.51% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FLC shares, versus its 200 day moving average:

Flaherty Crumrine Trust Fund Incorporated 200 Day Moving Average Chart

Looking at the chart above, FLC's low point in its 52 week range is $18.30 per share, with $21.81 as the 52 week high point — that compares with a last trade of $21.76.

In Wednesday trading, Flaherty Crumrine Trust Fund Incorporated shares are currently up about 0.5% on the day.
null