Reminder - Ellsworth Growth Income Fund (ECF) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 11/9/16, Ellsworth Growth Income Fund ( ECF) will trade ex-dividend, for its quarterly dividend of $0.11, payable on 12/16/16. As a percentage of ECF's recent stock price of $7.94, this dividend works out to approximately 1.39%, so look for shares of Ellsworth Growth Income Fund to trade 1.39% lower — all else being equal — when ECF shares open for trading on 11/9/16.

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Below is a dividend history chart for ECF, showing historical dividends prior to the most recent $0.11 declared by Ellsworth Growth Income Fund:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ECF is likely to continue, and whether the current estimated yield of 5.54% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ECF shares, versus its 200 day moving average:

Ellsworth Growth Income Fund 200 Day Moving Average Chart

Looking at the chart above, ECF's low point in its 52 week range is $6.61 per share, with $8.62 as the 52 week high point — that compares with a last trade of $7.94.

In Monday trading, Ellsworth Growth Income Fund shares are currently up about 1.1% on the day.