Reminder - Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 2/21/14, Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund ( MFD) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 2/28/14. As a percentage of MFD's recent stock price of $17.06, this dividend works out to approximately 2.05%, so look for shares of Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund to trade 2.05% lower — all else being equal — when MFD shares open for trading on 2/21/14.

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Below is a dividend history chart for MFD, showing historical dividends prior to the most recent $0.35 declared by Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund:

MFD+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 MFD is likely to continue, and whether the current estimated yield of 8.21% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MFD shares, versus its 200 day moving average:

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund 200 Day Moving Average Chart

Looking at the chart above, MFD's low point in its 52 week range is $14.52 per share, with $17.37 as the 52 week high point — that compares with a last trade of $17.18.

In Wednesday trading, Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund shares are currently down about 0.5% on the day.

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