Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 3/3/17, Golub Capital BDC Incorporated (Symbol: GBDC) will trade ex-dividend, for its quarterly dividend of $0.32, payable on 3/30/17. As a percentage of GBDC's recent stock price of $19.33, this dividend works out to approximately 1.66%, so look for shares of Golub Capital BDC Incorporated to trade 1.66% lower - all else being equal - when GBDC shares open for trading on 3/3/17.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GBDC is likely to continue, and whether the current estimated yield of 6.62% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GBDC shares, versus its 200 day moving average:
Looking at the chart above, GBDC's low point in its 52 week range is $16.35 per share, with $19.76 as the 52 week high point - that compares with a last trade of $19.34.
According to the ETF Finder at ETF Channel, GBDC makes up 4.30% of the BDC Income ETF (Symbol: BIZD) which is trading higher by about 0.6% on the day Wednesday.
In Wednesday trading, Golub Capital BDC Incorporated shares are currently up about 1% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
