FDI Ex-Dividend Reminder - 6/11/15

Looking at the universe of stocks we cover at Dividend Channel, on 6/11/15, Fort Dearborn Income Securities, Inc. (FDI) will trade ex-dividend, for its quarterly dividend of $0.16, payable on 6/30/15. As a percentage of FDI's recent stock price of $14.26, this dividend works out to approximately 1.12%, so look for shares of Fort Dearborn Income Securities, Inc. to trade 1.12% lower — all else being equal — when FDI shares open for trading on 6/11/15.

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Below is a dividend history chart for FDI, showing historical dividends prior to the most recent $0.16 declared by Fort Dearborn Income Securities, Inc.:

FDI+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 FDI is likely to continue, and whether the current estimated yield of 4.49% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FDI shares, versus its 200 day moving average:

Fort Dearborn Income Securities, Inc. 200 Day Moving Average Chart

Looking at the chart above, FDI's low point in its 52 week range is $13.91 per share, with $14.96 as the 52 week high point — that compares with a last trade of $14.26.

In Tuesday trading, Fort Dearborn Income Securities, Inc. shares are currently down about 0.2% on the day.

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