Reminder - Guggenheim Enhanced Equity Strategy Fund (GGE) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 5/11/15, Guggenheim Enhanced Equity Strategy Fund ( GGE) will trade ex-dividend, for its quarterly dividend of $0.485, payable on 5/29/15. As a percentage of GGE's recent stock price of $17.71, this dividend works out to approximately 2.74%, so look for shares of Guggenheim Enhanced Equity Strategy Fund to trade 2.74% lower — all else being equal — when GGE shares open for trading on 5/11/15.

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Below is a dividend history chart for GGE, showing historical dividends prior to the most recent $0.485 declared by Guggenheim Enhanced Equity Strategy Fund:

GGE+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 GGE is likely to continue, and whether the current estimated yield of 10.95% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GGE shares, versus its 200 day moving average:

Guggenheim Enhanced Equity Strategy Fund 200 Day Moving Average Chart

Looking at the chart above, GGE's low point in its 52 week range is $16.30 per share, with $19.99 as the 52 week high point — that compares with a last trade of $17.71.

In Thursday trading, Guggenheim Enhanced Equity Strategy Fund shares are currently off about 0.5% on the day.

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