Looking at the universe of stocks we cover at Dividend Channel, on 9/12/13, GDL Fund (GDL - Get Report) will trade ex-dividend, for its quarterly dividend of $0.32, payable on 9/23/13. As a percentage of GDL's recent stock price of $11.54, this dividend works out to approximately 2.77%, so look for shares of GDL Fund to trade 2.77% lower — all else being equal — when GDL shares open for trading on 9/12/13.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 11.09% 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: Looking at the chart above, GDL's low point in its 52 week range is $11.02 per share, with $12.23 as the 52 week high point — that compares with a last trade of $11.52. In Tuesday trading, GDL Fund shares are currently up about 0.3% on the day.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Ask Cramer: Cisco vs. CVS, Which Stock is Better for Your Portfolio?
Should investors consider adding Cisco to their portfolio? Jim Cramer weighs in TheStreet's new video segment, #AskCramer
Jim Cramer Unveils His 5 Rules for Trading Stocks During Earnings Season
Jim tells members of his Action Alerts PLUS club for investors what to look for when earnings reports come in.
Pinterest vs. Zoom vs. Lyft: Which Tech IPO Should You Choose? -- ICYMI
Zoom is profitable already but has a very lofty valuation, while Pinterest has some clear advantages over Lyft but one big con.
Comcast Regains Its Swagger in a Brutal New Era of Streaming
Customers have a love/hate relationship with the cable TV industry because of continuously rising prices and poor customer service. The flip side is that cable TV, as a product, works, and Comcast can exploit that like no other.