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.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: 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: 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.
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