INB Ex-Dividend Reminder - 6/18/15

Looking at the universe of stocks we cover at Dividend Channel, on 6/18/15, Cohen & Steers Global Income Builder (INB) will trade ex-dividend, for its quarterly dividend of $0.28, payable on 6/30/15. As a percentage of INB's recent stock price of $11.67, this dividend works out to approximately 2.40%, so look for shares of Cohen & Steers Global Income Builder to trade 2.40% lower — all else being equal — when INB shares open for trading on 6/18/15.

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Below is a dividend history chart for INB, showing historical dividends prior to the most recent $0.28 declared by Cohen & Steers Global Income Builder:

INB+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 INB is likely to continue, and whether the current estimated yield of 9.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of INB shares, versus its 200 day moving average:

Cohen & Steers Global Income Builder 200 Day Moving Average Chart

Looking at the chart above, INB's low point in its 52 week range is $10.73 per share, with $13.24 as the 52 week high point — that compares with a last trade of $11.68.

In Tuesday trading, Cohen & Steers Global Income Builder shares are currently off about 0.3% on the day.

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