Looking at the universe of stocks we cover at Dividend Channel, on 5/6/21, AllianceBernstein Global High Income Fund (Symbol: AWF) will trade ex-dividend, for its monthly dividend of $0.0655, payable on 5/21/21. As a percentage of AWF's recent stock price of $12.03, this dividend works out to approximately 0.54%, so look for shares of AllianceBernstein Global High Income Fund to trade 0.54% lower — all else being equal — when AWF shares open for trading on 5/6/21.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AWF is likely to continue, and whether the current estimated yield of 6.53% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AWF shares, versus its 200 day moving average:
Looking at the chart above, AWF's low point in its 52 week range is $9.23 per share, with $12.05 as the 52 week high point — that compares with a last trade of $12.04.
In Tuesday trading, AllianceBernstein Global High Income Fund shares are currently off about 0.1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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