Ex-Div Reminder for Duff & Phelps Utility and Corporate Bond Trust (DUC)

Looking at the universe of stocks we cover at Dividend Channel, on 8/13/14, Duff & Phelps Utility and Corporate Bond Trust (DUC) will trade ex-dividend, for its monthly dividend of $0.07, payable on 8/29/14. As a percentage of DUC's recent stock price of $10.27, this dividend works out to approximately 0.68%, so look for shares of Duff & Phelps Utility and Corporate Bond Trust to trade 0.68% lower — all else being equal — when DUC shares open for trading on 8/13/14.

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Below is a dividend history chart for DUC, showing historical dividends prior to the most recent $0.07 declared by Duff & Phelps Utility and Corporate Bond Trust:

DUC+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 DUC is likely to continue, and whether the current estimated yield of 8.18% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of DUC shares, versus its 200 day moving average:

Duff & Phelps Utility and Corporate Bond Trust 200 Day Moving Average Chart

Looking at the chart above, DUC's low point in its 52 week range is $9.81 per share, with $10.65 as the 52 week high point — that compares with a last trade of $10.27.

In Monday trading, Duff & Phelps Utility and Corporate Bond Trust shares are currently up about 0.3% on the day.

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