Looking at the universe of stocks we cover at Dividend Channel, on 12/11/13, GDL Fund (GDL - Get Report) will trade ex-dividend, for its quarterly dividend of $0.32, payable on 12/19/13. As a percentage of GDL's recent stock price of $11.35, this dividend works out to approximately 2.82%, so look for shares of GDL Fund to trade 2.82% lower — all else being equal — when GDL shares open for trading on 12/11/13.

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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 11.28% 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:

GDL Fund 200 Day Moving Average Chart

Looking at the chart above, GDL's low point in its 52 week range is $11.02 per share, with $12.12 as the 52 week high point — that compares with a last trade of $11.35.

In Monday trading, GDL Fund shares are currently up about 0.3% on the day.