Looking at the universe of stocks we cover at Dividend Channel, on 9/12/13, Preferred Apartment Communities Inc. (APTS) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 10/15/13. As a percentage of APTS's recent stock price of $8.53, this dividend works out to approximately 1.76%, so look for shares of Preferred Apartment Communities Inc. to trade 1.76% lower — all else being equal — when APTS shares open for trading on 9/12/13.
Below is a dividend history chart for APTS, showing historical dividends prior to the most recent $0.15 declared by Preferred Apartment Communities Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from APTS is likely to continue, and whether the current estimated yield of 7.03% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of APTS shares, versus its 200 day moving average:Looking at the chart above, APTS's low point in its 52 week range is $6.61 per share, with $10.05 as the 52 week high point — that compares with a last trade of $8.53.
In Tuesday trading, Preferred Apartment Communities Inc. shares are currently up about 1.6% on the day.