Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, America First Tax Exempt Investors L P (ATAX) will trade ex-dividend, for its quarterly dividend of $0.125, payable on 7/31/13. As a percentage of ATAX's recent stock price of $6.76, this dividend works out to approximately 1.85%, so look for shares of America First Tax Exempt Investors L P to trade 1.85% lower — all else being equal — when ATAX shares open for trading on 6/26/13.
Below is a dividend history chart for ATAX, showing historical dividends prior to the most recent $0.125 declared by America First Tax Exempt Investors L P:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ATAX is likely to continue, and whether the current estimated yield of 7.39% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ATAX shares, versus its 200 day moving average:Looking at the chart above, ATAX's low point in its 52 week range is $5.14 per share, with $7.35 as the 52 week high point — that compares with a last trade of $6.76.
In Monday trading, America First Tax Exempt Investors L P shares are currently down about 1.3% on the day.