Reminder - Guggenheim Equal Weight Enhanced (GEQ) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 10/10/13, Guggenheim Equal Weight Enhanced ( GEQ) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 10/31/13. As a percentage of GEQ's recent stock price of $17.36, this dividend works out to approximately 2.52%, so look for shares of Guggenheim Equal Weight Enhanced to trade 2.52% lower — all else being equal — when GEQ shares open for trading on 10/10/13.

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Below is a dividend history chart for GEQ, showing historical dividends prior to the most recent $0.4375 declared by Guggenheim Equal Weight Enhanced:

GEQ+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 GEQ is likely to continue, and whether the current estimated yield of 10.08% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GEQ shares, versus its 200 day moving average:

Guggenheim Equal Weight Enhanced 200 Day Moving Average Chart

Looking at the chart above, GEQ's low point in its 52 week range is $16.78 per share, with $19.91 as the 52 week high point — that compares with a last trade of $17.36.

In Tuesday trading, Guggenheim Equal Weight Enhanced shares are currently off about 0.2% on the day.
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