Reminder - Blackstone/GSO Strategic Credit Fund (BGB) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 6/13/13, Blackstone/GSO Strategic Credit Fund (BGB) will trade ex-dividend, for its monthly dividend of $0.117, payable on 6/28/13. As a percentage of BGB's recent stock price of $19.25, this dividend works out to approximately 0.61%, so look for shares of Blackstone/GSO Strategic Credit Fund to trade 0.61% lower — all else being equal — when BGB shares open for trading on 6/13/13.

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 BGB, showing historical dividends prior to the most recent $0.117 declared by Blackstone/GSO Strategic Credit Fund:

BGB+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 BGB is likely to continue, and whether the current estimated yield of 7.29% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Blackstone/GSO Strategic Credit Fund shares are currently down about 0.7% on the day.

null

More from Stocks

Dow Makes Move Higher as Bond Yields Hover Near 3% Threshold

Dow Makes Move Higher as Bond Yields Hover Near 3% Threshold

Kanye West Loves His Tesla - But Should He Love the Company's Stock, Too?

Kanye West Loves His Tesla - But Should He Love the Company's Stock, Too?

Should You Invest In DowDuPont Now?

Should You Invest In DowDuPont Now?

Newell Settles With Starboard, Adds 3 Directors While Keeping Icahn Happy Too

Newell Settles With Starboard, Adds 3 Directors While Keeping Icahn Happy Too

Should You Fear Earnings From Mega-Cap Tech Names Like Google and Microsoft?

Should You Fear Earnings From Mega-Cap Tech Names Like Google and Microsoft?