Fort Dearborn Income Securities About To Put More Money In Your Pocket (FDI)

Looking at the universe of stocks we cover at Dividend Channel, on 9/11/14, Fort Dearborn Income Securities, Inc. ( FDI) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 9/30/14. As a percentage of FDI's recent stock price of $14.62, this dividend works out to approximately 1.03%, so look for shares of Fort Dearborn Income Securities, Inc. to trade 1.03% lower — all else being equal — when FDI shares open for trading on 9/11/14.

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Below is a dividend history chart for FDI, showing historical dividends prior to the most recent $0.15 declared by Fort Dearborn Income Securities, Inc.:

FDI+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 FDI is likely to continue, and whether the current estimated yield of 4.10% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FDI shares, versus its 200 day moving average:

Fort Dearborn Income Securities, Inc. 200 Day Moving Average Chart

Looking at the chart above, FDI's low point in its 52 week range is $13.45 per share, with $14.96 as the 52 week high point — that compares with a last trade of $14.62.

In Wednesday trading, Fort Dearborn Income Securities, Inc. shares are currently up about 0.6% on the day.

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