Reminder - First Trust/Aberdeen Global Opportunity Income Fund (FAM) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 9/2/14, First Trust/Aberdeen Global Opportunity Income Fund ( FAM) will trade ex-dividend, for its monthly dividend of $0.11, payable on 9/15/14. As a percentage of FAM's recent stock price of $14.30, this dividend works out to approximately 0.77%, so look for shares of First Trust/Aberdeen Global Opportunity Income Fund to trade 0.77% lower — all else being equal — when FAM shares open for trading on 9/2/14.

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Below is a dividend history chart for FAM, showing historical dividends prior to the most recent $0.11 declared by First Trust/Aberdeen Global Opportunity Income Fund:

FAM+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 FAM is likely to continue, and whether the current estimated yield of 9.23% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FAM shares, versus its 200 day moving average:

First Trust/Aberdeen Global Opportunity Income Fund 200 Day Moving Average Chart

Looking at the chart above, FAM's low point in its 52 week range is $13.50 per share, with $14.85 as the 52 week high point — that compares with a last trade of $14.30.

In Friday trading, First Trust/Aberdeen Global Opportunity Income Fund shares are currently down about 0.4% on the day.

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