Cash Dividend On The Way From ING Global Equity Dividend And Premium Opportunity Fund (IGD)

Looking at the universe of stocks we cover at Dividend Channel, on 7/1/15, ING Global Equity Dividend and Premium Opportunity Fund ( IGD) will trade ex-dividend, for its monthly dividend of $0.076, payable on 7/15/15. As a percentage of IGD's recent stock price of $8.29, this dividend works out to approximately 0.92%, so look for shares of ING Global Equity Dividend and Premium Opportunity Fund to trade 0.92% lower — all else being equal — when IGD shares open for trading on 7/1/15.

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Below is a dividend history chart for IGD, showing historical dividends prior to the most recent $0.076 declared by ING Global Equity Dividend and Premium Opportunity Fund:

IGD+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 IGD is likely to continue, and whether the current estimated yield of 11.00% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IGD shares, versus its 200 day moving average:

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