Credit Suisse SIlver Shares Covered Call ETN About To Put More Money In Your Pocket (SLVO)

Looking at the universe of stocks we cover at Dividend Channel, on 9/18/13, Credit Suisse SIlver Shares Covered Call ETN (SLVO) will trade ex-dividend, for its monthly dividend of $0.2463, payable on 9/25/13. As a percentage of SLVO's recent stock price of $17.67, this dividend works out to approximately 1.39%, so look for shares of Credit Suisse SIlver Shares Covered Call ETN to trade 1.39% lower — all else being equal — when SLVO shares open for trading on 9/18/13.

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Below is a dividend history chart for SLVO, showing historical dividends prior to the most recent $0.2463 declared by Credit Suisse SIlver Shares Covered Call ETN:

SLVO+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 SLVO is likely to continue, and whether the current estimated yield of 16.73% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Credit Suisse SIlver Shares Covered Call ETN shares are currently trading flat on the day.

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