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

Looking at the universe of stocks we cover at Dividend Channel, on 11/17/15, Strategic Global Income Fund Incorporated (SGL) will trade ex-dividend, for its monthly dividend of $0.0695, payable on 11/30/15. As a percentage of SGL's recent stock price of $8.81, this dividend works out to approximately 0.79%, so look for shares of Strategic Global Income Fund Incorporated to trade 0.79% lower — all else being equal — when SGL shares open for trading on 11/17/15.

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 $0.0695 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 9.47% 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 $7.73 per share, with $9.13 as the 52 week high point — that compares with a last trade of $8.81.

In Friday trading, Strategic Global Income Fund Incorporated shares are currently trading flat on the day.

More from Stocks

One-on-One With Carnival Corporation CEO Arnold Donald (Watch)

One-on-One With Carnival Corporation CEO Arnold Donald (Watch)

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Stocks Finish Higher After Release of Fed Minutes

Stocks Finish Higher After Release of Fed Minutes

Has Wall Street Completely Lost Its Mind on General Electric?

Has Wall Street Completely Lost Its Mind on General Electric?