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.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: 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.
More from Stocks
Stocks Get Lift From Target and Lowe's Earnings, Wall Street Awaits Fed Minutes
Stocks are rising as strong earnings from retail giants Target and Lowe's put investors into a buying mood ahead of the release of the minutes from the Federal Reserve's meeting in July.
Misery Loves Company Aplenty Among Apparel Retailers
Apparel merchants as a group are seeing their stocks perform terribly so far in 2019, with only a handful in positive territory.
No Fun at Children's Place as Shares Dive Amid Tough Earnings
CEO Jane Elfers says integration of the bankrupt Gymboree chain, which Children's Place acquired earlier this year, weighed on the specialty apparel retailer's latest quarterly results.