Cash Dividend On The Way From General Cable (BGC)

Looking at the universe of stocks we cover at Dividend Channel, on 12/24/14, General Cable Corp. (BGC) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 1/9/15. As a percentage of BGC's recent stock price of $14.87, this dividend works out to approximately 1.21%, so look for shares of General Cable Corp. to trade 1.21% lower — all else being equal — when BGC shares open for trading on 12/24/14.

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 BGC, showing historical dividends prior to the most recent $0.18 declared by General Cable Corp. :

BGC+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 BGC is likely to continue, and whether the current estimated yield of 4.84% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of BGC shares, versus its 200 day moving average:

General Cable Corp.  200 Day Moving Average Chart

Looking at the chart above, BGC's low point in its 52 week range is $12.47 per share, with $31.50 as the 52 week high point — that compares with a last trade of $14.80.

According to the ETF Finder at ETF Channel, BGC makes up 2.85% of the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF ( GRID) which is trading relatively unchanged on the day Monday.

In Monday trading, General Cable Corp. shares are currently down about 0.7% on the day.

More from Stocks

Dow Logs Eighth Straight Drop as Stocks Slump

Dow Logs Eighth Straight Drop as Stocks Slump

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Starbucks Stock Performance in 2018: -12%

Starbucks Stock Performance in 2018: -12%

Burger King Issues Apology After Massive World Cup Promotional Fail

Burger King Issues Apology After Massive World Cup Promotional Fail

The Winners and Losers in Thursday's Market

The Winners and Losers in Thursday's Market