Looking at the universe of stocks we cover at Dividend Channel , on 12/21/15, Alpine Total Dynamic Dividend Fund (Symbol: AOD) will trade ex-dividend, for its monthly dividend of $0.0575, payable on 12/31/15. As a percentage of AOD's recent stock price of $7.68, this dividend works out to approximately 0.75%, so look for shares of Alpine Total Dynamic Dividend Fund to trade 0.75% lower - all else being equal - when AOD shares open for trading on 12/21/15.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AOD is likely to continue, and whether the current estimated yield of 8.98% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AOD shares, versus its 200 day moving average:
Looking at the chart above, AOD's low point in its 52 week range is $7.35 per share, with $9.16 as the 52 week high point - that compares with a last trade of $7.68.
In Thursday trading, Alpine Total Dynamic Dividend Fund shares are currently up about 0.4% 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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