Ex-Div Reminder for ING Global Equity Dividend and Premium Opportunity Fund (IGD)

Looking at the universe of stocks we cover at Dividend Channel, on 3/3/14, ING Global Equity Dividend and Premium Opportunity Fund (IGD) will trade ex-dividend, for its monthly dividend of $0.076, payable on 3/17/14. As a percentage of IGD's recent stock price of $9.05, this dividend works out to approximately 0.84%, so look for shares of ING Global Equity Dividend and Premium Opportunity Fund to trade 0.84% lower — all else being equal — when IGD shares open for trading on 3/3/14.

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Below is a dividend history chart for IGD, showing historical dividends prior to the most recent $0.076 declared by ING Global Equity Dividend and Premium Opportunity Fund:

IGD+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 IGD is likely to continue, and whether the current estimated yield of 10.08% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of IGD shares, versus its 200 day moving average:

ING Global Equity Dividend and Premium Opportunity Fund 200 Day Moving Average Chart

Looking at the chart above, IGD's low point in its 52 week range is $8.55 per share, with $9.85 as the 52 week high point — that compares with a last trade of $9.05.

According to the ETF Finder at ETF Channel, IGD makes up 1.12% of the CEF Income Composite Portfolio ETF ( PCEF) which is trading higher by about 0.2% on the day Thursday.

In Thursday trading, ING Global Equity Dividend and Premium Opportunity Fund shares are currently off about 0.4% on the day.

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