BWG Ex-Dividend Reminder - 8/21/13

Looking at the universe of stocks we cover at Dividend Channel, on 8/21/13, Legg Mason BW Global Income Opportunities Fund (BWG) will trade ex-dividend, for its monthly dividend of $0.12, payable on 8/30/13. As a percentage of BWG's recent stock price of $16.47, this dividend works out to approximately 0.73%, so look for shares of Legg Mason BW Global Income Opportunities Fund to trade 0.73% lower — all else being equal — when BWG shares open for trading on 8/21/13.

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 BWG, showing historical dividends prior to the most recent $0.12 declared by Legg Mason BW Global Income Opportunities Fund:

BWG+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 BWG is likely to continue, and whether the current estimated yield of 8.74% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of BWG shares, versus its 200 day moving average:

Legg Mason BW Global Income Opportunities Fund 200 Day Moving Average Chart

Looking at the chart above, BWG's low point in its 52 week range is $16.20 per share, with $23.17 as the 52 week high point — that compares with a last trade of $16.43.

In Monday trading, Legg Mason BW Global Income Opportunities Fund shares are currently down about 0.8% on the day.

null

More from Stocks

Video: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Stocks Trade Mixed, Energy Shares Fall on Drop in Oil Prices

Stocks Trade Mixed, Energy Shares Fall on Drop in Oil Prices

Top U.S. Regulators May Be Sowing the Seeds of the Next Financial Crisis

Top U.S. Regulators May Be Sowing the Seeds of the Next Financial Crisis

Fiat Chrysler Recalls 4.8 Million Vehicles Over Cruise Control Issue

Fiat Chrysler Recalls 4.8 Million Vehicles Over Cruise Control Issue

One Thing to Consider Over Memorial Day Weekend: Are Stocks About to Collapse?

One Thing to Consider Over Memorial Day Weekend: Are Stocks About to Collapse?