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.

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 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

If you liked this article you might like

Tomorrow's Ex-Dividends To Watch: FAM, FSD, CLI

Dividend Watch: 3 Stocks Going Ex-Dividend Wednesday: FAM, ANAT, CGNX

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Monday: FAM, FSD, AMID

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: CIO, FAM, FPL

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: FAM, FPL, VIV