Cash Dividend On The Way From Western Asset Worldwide Income Fund (SBW)

Looking at the universe of stocks we cover at Dividend Channel, on 11/19/14, Western Asset Worldwide Income Fund (SBW) will trade ex-dividend, for its monthly dividend of $0.08, payable on 11/28/14. As a percentage of SBW's recent stock price of $11.98, this dividend works out to approximately 0.67%, so look for shares of Western Asset Worldwide Income Fund to trade 0.67% lower — all else being equal — when SBW shares open for trading on 11/19/14.

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 SBW, showing historical dividends prior to the most recent $0.08 declared by Western Asset Worldwide Income Fund:

SBW+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 SBW is likely to continue, and whether the current estimated yield of 8.01% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of SBW shares, versus its 200 day moving average:

Western Asset Worldwide Income Fund 200 Day Moving Average Chart

Looking at the chart above, SBW's low point in its 52 week range is $11.60 per share, with $13.27 as the 52 week high point — that compares with a last trade of $11.98.

In Monday trading, Western Asset Worldwide Income Fund shares are currently down about 0.3% on the day.

More from Stocks

Jim Cramer on Canopy Growth's New $4 Billion Stake From Constellation Brands

Jim Cramer on Canopy Growth's New $4 Billion Stake From Constellation Brands

Here Is the Must-Hold Level for Tesla Bulls and Bears

Here Is the Must-Hold Level for Tesla Bulls and Bears

Jim Cramer on the Market Selloff, Macy's, Constellation Brands and Canopy Growth

Jim Cramer on the Market Selloff, Macy's, Constellation Brands and Canopy Growth

Jim Cramer Breaks Down the Decline in Macy's Stock Even With a Strong Quarter

Jim Cramer Breaks Down the Decline in Macy's Stock Even With a Strong Quarter

Cramer: Warren Buffett's Apple Buys Aren't Enough to Stop Wednesday's Declines

Cramer: Warren Buffett's Apple Buys Aren't Enough to Stop Wednesday's Declines