Reminder - First Trust/Aberdeen Global Opportunity Income Fund (FAM) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 11/1/13, First Trust/Aberdeen Global Opportunity Income Fund ( FAM) will trade ex-dividend, for its monthly dividend of $0.13, payable on 11/15/13. As a percentage of FAM's recent stock price of $14.72, this dividend works out to approximately 0.88%, so look for shares of First Trust/Aberdeen Global Opportunity Income Fund to trade 0.88% lower — all else being equal — when FAM shares open for trading on 11/1/13.

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Below is a dividend history chart for FAM, showing historical dividends prior to the most recent $0.13 declared by First Trust/Aberdeen Global Opportunity Income Fund:

FAM+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 FAM is likely to continue, and whether the current estimated yield of 10.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FAM shares, versus its 200 day moving average:

First Trust/Aberdeen Global Opportunity Income Fund 200 Day Moving Average Chart

Looking at the chart above, FAM's low point in its 52 week range is $13.69 per share, with $18.52 as the 52 week high point — that compares with a last trade of $14.74.

In Wednesday trading, First Trust/Aberdeen Global Opportunity Income Fund shares are currently down about 0.1% on the day.

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