Cash Dividend On The Way From Managed High Yield Plus Fund (HYF)

Looking at the universe of stocks we cover at Dividend Channel, on 2/18/14, Managed High Yield Plus Fund (HYF) will trade ex-dividend, for its monthly dividend of $0.0145, payable on 2/28/14. As a percentage of HYF's recent stock price of $2.07, this dividend works out to approximately 0.70%, so look for shares of Managed High Yield Plus Fund to trade 0.70% lower — all else being equal — when HYF shares open for trading on 2/18/14.

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Below is a dividend history chart for HYF, showing historical dividends prior to the most recent $0.0145 declared by Managed High Yield Plus Fund:

HYF+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 HYF is likely to continue, and whether the current estimated yield of 8.41% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of HYF shares, versus its 200 day moving average:

Managed High Yield Plus Fund 200 Day Moving Average Chart

Looking at the chart above, HYF's low point in its 52 week range is $1.87 per share, with $2.29 as the 52 week high point — that compares with a last trade of $2.07.

According to the ETF Finder at ETF Channel, HYF makes up 1.05% of the Guggenheim S&P Global Water Index ETF ( CGW) which is trading relatively unchanged on the day Friday.

In Friday trading, Managed High Yield Plus Fund shares are currently off about 0.5% on the day.

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