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.

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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.

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