Managed High Yield Plus Fund About To Put More Money In Your Pocket (HYF)

Looking at the universe of stocks we cover at Dividend Channel, on 9/16/14, Managed High Yield Plus Fund (HYF) will trade ex-dividend, for its monthly dividend of $0.0135, payable on 9/30/14. As a percentage of HYF's recent stock price of $2.08, this dividend works out to approximately 0.65%, so look for shares of Managed High Yield Plus Fund to trade 0.65% lower — all else being equal — when HYF shares open for trading on 9/16/14.

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Below is a dividend history chart for HYF, showing historical dividends prior to the most recent $0.0135 declared by Managed High Yield Plus Fund:

HYF+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 HYF is likely to continue, and whether the current estimated yield of 7.79% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of HYF shares, versus its 200 day moving average:

Managed High Yield Plus Fund 200 Day Moving Average Chart

Looking at the chart above, HYF's low point in its 52 week range is $1.91 per share, with $2.19 as the 52 week high point — that compares with a last trade of $2.08.

In Friday trading, Managed High Yield Plus Fund shares are currently trading flat on the day.

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