Looking at the universe of stocks we cover at Dividend Channel, on 8/19/14, Strategic Global Income Fund Incorporated (SGL) will trade ex-dividend, for its monthly dividend of $0.0438, payable on 8/29/14. As a percentage of SGL's recent stock price of $9.08, this dividend works out to approximately 0.48%.Below is a dividend history chart for SGL, showing historical dividends prior to the most recent $0.0438 declared by Strategic Global Income Fund Incorporated: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SGL is likely to continue, and whether the current estimated yield of 5.79% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of SGL shares, versus its 200 day moving average: Looking at the chart above, SGL's low point in its 52 week range is $8.81 per share, with $9.36 as the 52 week high point — that compares with a last trade of $9.10. According to the ETF Finder at ETF Channel, SGL makes up 1.40% of the PowerShares Cleantech Portfolio ETF ( PZD) which is trading relatively unchanged on the day Friday. In Friday trading, Strategic Global Income Fund Incorporated shares are currently up about 0.1% on the day.
More from Stocks
Dow Futures Drift Lower, Crude Pares Gains As Markets Gear for Fed Rate Decision
Global stocks edged lower again Tuesday, following one of the biggest single-day declines in oil prices on record, as investors adopted a cautious stance on risk ahead of the Federal Reserve's two-day rate-setting meeting and the start of formal U.S.-China trade talks later this week.
Why It's a Good Time to Consider Dividend-Paying Stocks
Mark Hulbert notes dividend-stock strategies may be out of favor, but these days, they can provide not only a higher yield but also growth potential.
Boeing, FedEx, Federal Reserve, WeWork, General Motors - 5 Things You Must Know
U.S. stock futures decline modestly and oil prices slip following one of the biggest single-day price jumps on record; investors adopt a cautious stance ahead of the Federal Reserve's two-day rate-setting meeting and the start of formal U.S.-China trade talks; FedEx, Adobe and Chewy report earnings.