Cash Dividend On The Way From Calamos Global Total Return Fund (CGO)

Looking at the universe of stocks we cover at Dividend Channel, on 2/7/14, Calamos Global Total Return Fund (CGO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 2/14/14. As a percentage of CGO's recent stock price of $13.89, this dividend works out to approximately 0.72%, so look for shares of Calamos Global Total Return Fund to trade 0.72% lower — all else being equal — when CGO shares open for trading on 2/7/14.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for CGO, showing historical dividends prior to the most recent $0.10 declared by Calamos Global Total Return Fund:

CGO+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 CGO is likely to continue, and whether the current estimated yield of 8.64% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of CGO shares, versus its 200 day moving average:

Calamos Global Total Return Fund 200 Day Moving Average Chart

Looking at the chart above, CGO's low point in its 52 week range is $12.14 per share, with $15.72 as the 52 week high point — that compares with a last trade of $13.89.

In Wednesday trading, Calamos Global Total Return Fund shares are currently up about 0.3% on the day.

More from Stocks

Dow Futures Tank as Trade War Fears Grip Wall Street

Dow Futures Tank as Trade War Fears Grip Wall Street

Why GE's Stock Has Fallen 9% in the Last 30 Days

Why GE's Stock Has Fallen 9% in the Last 30 Days

5 Stock Picks Under $10 for Millennials

5 Stock Picks Under $10 for Millennials

3 Complicated Investing Strategies Millennials Love

3 Complicated Investing Strategies Millennials Love

Tyson Foods CEO: We Aren't Done Making Deals

Tyson Foods CEO: We Aren't Done Making Deals