Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, GDL Fund (GDL - Get Report) will trade ex-dividend, for its quarterly dividend of $0.32, payable on 6/21/13. As a percentage of GDL's recent stock price of $11.87, this dividend works out to approximately 2.70%, so look for shares of GDL Fund to trade 2.70% lower — all else being equal — when GDL shares open for trading on 6/12/13.

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 GDL, showing historical dividends prior to the most recent $0.32 declared by GDL Fund:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GDL is likely to continue, and whether the current estimated yield of 10.78% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of GDL shares, versus its 200 day moving average:

GDL Fund 200 Day Moving Average Chart

Looking at the chart above, GDL's low point in its 52 week range is $11.09 per share, with $12.23 as the 52 week high point — that compares with a last trade of $11.86.

In Monday trading, GDL Fund shares are currently up about 0.4% on the day.