First Trust/Aberdeen Global Opportunity Income Fund About To Put More Money In Your Pocket (FAM)

Looking at the universe of stocks we cover at Dividend Channel, on 7/1/15, First Trust/Aberdeen Global Opportunity Income Fund (FAM) will trade ex-dividend, for its monthly dividend of $0.09, payable on 7/15/15. As a percentage of FAM's recent stock price of $10.77, this dividend works out to approximately 0.84%, so look for shares of First Trust/Aberdeen Global Opportunity Income Fund to trade 0.84% lower — all else being equal — when FAM shares open for trading on 7/1/15.

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Below is a dividend history chart for FAM, showing historical dividends prior to the most recent $0.09 declared by First Trust/Aberdeen Global Opportunity Income Fund:

FAM+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 FAM is likely to continue, and whether the current estimated yield of 10.03% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FAM shares, versus its 200 day moving average:

First Trust/Aberdeen Global Opportunity Income Fund 200 Day Moving Average Chart

Looking at the chart above, FAM's low point in its 52 week range is $10.76 per share, with $14.75 as the 52 week high point — that compares with a last trade of $10.77.

In Monday trading, First Trust/Aberdeen Global Opportunity Income Fund shares are currently down about 1.6% on the day.

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