Reminder - Strategic Global Income Fund Incorporated (SGL) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 6/16/15, Strategic Global Income Fund Incorporated (SGL) will trade ex-dividend, for its monthly dividend of $0.0736, payable on 6/30/15. As a percentage of SGL's recent stock price of $8.53, this dividend works out to approximately 0.86%, so look for shares of Strategic Global Income Fund Incorporated to trade 0.86% lower — all else being equal — when SGL shares open for trading on 6/16/15.

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 SGL, showing historical dividends prior to the most recent $0.0736 declared by Strategic Global Income Fund Incorporated:

SGL+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 SGL is likely to continue, and whether the current estimated yield of 10.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SGL shares, versus its 200 day moving average:

Strategic Global Income Fund Incorporated 200 Day Moving Average Chart

Looking at the chart above, SGL's low point in its 52 week range is $8.30 per share, with $9.36 as the 52 week high point — that compares with a last trade of $8.53.

In Friday trading, Strategic Global Income Fund Incorporated shares are currently down about 0.2% on the day.

More from Stocks

Stocks Tumble as Trump Comments Lead to Worries Over China Trade Talks

Stocks Tumble as Trump Comments Lead to Worries Over China Trade Talks

Bank Stocks Slump After Congress Greenlights Dodd-Frank Rollback

Bank Stocks Slump After Congress Greenlights Dodd-Frank Rollback

10 Questions for PayPal Ahead of Its Big Investor Day

10 Questions for PayPal Ahead of Its Big Investor Day

Tesla's Model 3 Is Far From Being for the Masses -- at Least For Now

Tesla's Model 3 Is Far From Being for the Masses -- at Least For Now

China Makes Good on Car Tariff Pledge, Tesla Wins Big

China Makes Good on Car Tariff Pledge, Tesla Wins Big