Templeton Global Income Fund About To Put More Money In Your Pocket (GIM)

Looking at the universe of stocks we cover at Dividend Channel, on 10/15/13, Templeton Global Income Fund ( GIM) will trade ex-dividend, for its monthly dividend of $0.035, payable on 10/31/13. As a percentage of GIM's recent stock price of $8.27, this dividend works out to approximately 0.42%.

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Below is a dividend history chart for GIM, showing historical dividends prior to the most recent $0.035 declared by Templeton Global Income Fund:

GIM+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 GIM is likely to continue, and whether the current estimated yield of 5.08% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GIM shares, versus its 200 day moving average:

Templeton Global Income Fund 200 Day Moving Average Chart

Looking at the chart above, GIM's low point in its 52 week range is $7.75 per share, with $9.83 as the 52 week high point — that compares with a last trade of $8.27.
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According to the ETF Finder at ETF Channel, GIM makes up 1.15% of the CEF Income Composite Portfolio ETF ( PCEF) which is trading relatively unchanged on the day Friday.

In Friday trading, Templeton Global Income Fund shares are currently up about 0.1% on the day.

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