Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, Aberdeen Asia-Pacific Income Fund (FAX) will trade ex-dividend, for its monthly dividend of $0.035, payable on 7/12/13. As a percentage of FAX's recent stock price of $6.06, this dividend works out to approximately 0.58%, so look for shares of Aberdeen Asia-Pacific Income Fund to trade 0.58% lower — all else being equal — when FAX shares open for trading on 6/26/13.
Below is a dividend history chart for FAX, showing historical dividends prior to the most recent $0.035 declared by Aberdeen Asia-Pacific 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 FAX is likely to continue, and whether the current estimated yield of 6.93% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FAX shares, versus its 200 day moving average:Looking at the chart above, FAX's low point in its 52 week range is $6.03 per share, with $8.01 as the 52 week high point — that compares with a last trade of $6.09.
According to the ETF Finder at ETF Channel, FAX makes up 1.86% of the CEF Income Composite Portfolio ETF (PCEF) which is trading lower by about 1.8% on the day Monday. In Monday trading, Aberdeen Asia-Pacific Income Fund shares are currently down about 1.6% on the day.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts