Cash Dividend On The Way From The Zweig Fund New (ZF)

Looking at the universe of stocks we cover at Dividend Channel, on 4/9/14, The Zweig Fund New ( ZF) will trade ex-dividend, for its quarterly dividend of $0.258, payable on 4/21/14. As a percentage of ZF's recent stock price of $15.30, this dividend works out to approximately 1.69%, so look for shares of The Zweig Fund New to trade 1.69% lower — all else being equal — when ZF shares open for trading on 4/9/14.

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Below is a dividend history chart for ZF, showing historical dividends prior to the most recent $0.258 declared by The Zweig Fund New:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ZF is likely to continue, and whether the current estimated yield of 6.75% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ZF shares, versus its 200 day moving average:

The Zweig Fund New 200 Day Moving Average Chart

Looking at the chart above, ZF's low point in its 52 week range is $12.23 per share, with $15.57 as the 52 week high point — that compares with a last trade of $15.28.

In Monday trading, The Zweig Fund New shares are currently up about 0.3% on the day.

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