Reminder - First Trust Strategic High Income Fund II (FHY) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 9/2/14, First Trust Strategic High Income Fund II (FHY) will trade ex-dividend, for its monthly dividend of $0.12, payable on 9/15/14. As a percentage of FHY's recent stock price of $15.72, this dividend works out to approximately 0.76%, so look for shares of First Trust Strategic High Income Fund II to trade 0.76% lower — all else being equal — when FHY shares open for trading on 9/2/14.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for FHY, showing historical dividends prior to the most recent $0.12 declared by First Trust Strategic High Income Fund II:

FHY+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 FHY is likely to continue, and whether the current estimated yield of 9.16% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of FHY shares, versus its 200 day moving average:

First Trust Strategic High Income Fund II 200 Day Moving Average Chart

Looking at the chart above, FHY's low point in its 52 week range is $15.03 per share, with $16.44 as the 52 week high point — that compares with a last trade of $15.72.

In Friday trading, First Trust Strategic High Income Fund II shares are currently down about 0.3% on the day.

More from Stocks

If Big Tech Companies Disappoint on Earnings, Expect a Stock-Selling Tsunami

If Big Tech Companies Disappoint on Earnings, Expect a Stock-Selling Tsunami

Fortnite Funko Pop Toys Will Be Huge: CEO

Fortnite Funko Pop Toys Will Be Huge: CEO

Tesla Seeks Price Reductions and 4 Other Stories to Watch Premarket Monday

Tesla Seeks Price Reductions and 4 Other Stories to Watch Premarket Monday

Why All 5 FAANG Stocks Are Destined to Stay Hot for the Rest of 2018

Why All 5 FAANG Stocks Are Destined to Stay Hot for the Rest of 2018

Google, Fiat Chrysler, Tesla and Papa John's - 5 Things You Must Know

Google, Fiat Chrysler, Tesla and Papa John's - 5 Things You Must Know