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

Looking at the universe of stocks we cover at Dividend Channel, on 2/16/16, Strategic Global Income Fund Incorporated (SGL) will trade ex-dividend, for its monthly dividend of $0.0674, payable on 2/29/16. As a percentage of SGL's recent stock price of $8.55, 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 2/16/16.

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 $0.0674 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 9.46% 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 $8.55.

According to the ETF Finder at ETF Channel, SGL makes up 2.24% of the PowerShares Global Gold and Precious Metals Portfolio ETF ( PSAU) which is trading lower by about 0.8% on the day Friday.

In Friday trading, Strategic Global Income Fund Incorporated shares are currently off about 0.6% on the day.

More from Stocks

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

UAW Officially Files Complaint on Tesla Thanks to CEO Elon Musk

UAW Officially Files Complaint on Tesla Thanks to CEO Elon Musk