Looking at the universe of stocks we cover at Dividend Channel, on 6/12/14, GDL Fund (GDL - Get Report) will trade ex-dividend, for its quarterly dividend of $0.16, payable on 6/23/14. As a percentage of GDL's recent stock price of $11.01, this dividend works out to approximately 1.45%, so look for shares of GDL Fund to trade 1.45% lower — all else being equal — when GDL shares open for trading on 6/12/14.

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Below is a dividend history chart for GDL, showing historical dividends prior to the most recent $0.16 declared by GDL Fund:

GDL+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 GDL is likely to continue, and whether the current estimated yield of 5.81% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of GDL shares, versus its 200 day moving average:

GDL Fund 200 Day Moving Average Chart

Looking at the chart above, GDL's low point in its 52 week range is $10.62 per share, with $11.87 as the 52 week high point — that compares with a last trade of $11.01.

In Tuesday trading, GDL Fund shares are currently down about 0.2% on the day.