FHY Ex-Dividend Reminder - 10/1/14

Looking at the universe of stocks we cover at Dividend Channel, on 10/1/14, First Trust Strategic High Income Fund II ( FHY) will trade ex-dividend, for its monthly dividend of $0.12, payable on 10/15/14. As a percentage of FHY's recent stock price of $15.34, this dividend works out to approximately 0.78%, so look for shares of First Trust Strategic High Income Fund II to trade 0.78% lower — all else being equal — when FHY shares open for trading on 10/1/14.

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 9.39% 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 $15.04 per share, with $16.44 as the 52 week high point — that compares with a last trade of $15.30.

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

If you liked this article you might like

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Monday: FHY, KNOP, FPL

3 Stocks Going Ex-Dividend Tomorrow: FHY, FUN, DV

Tomorrow's Ex-Dividends To Watch: FHY, FDEU, FEI

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: FHY, FIF, TVPT

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Monday: FHY, WSR, VIV