Looking at the universe of stocks we cover at Dividend Channel, on 9/16/13, Apollo Tactical Income Fund Incorporated (AIF) will trade ex-dividend, for its monthly dividend of $0.117, payable on 9/30/13. As a percentage of AIF's recent stock price of $17.30, this dividend works out to approximately 0.68%, so look for shares of Apollo Tactical Income Fund Incorporated to trade 0.68% lower — all else being equal — when AIF shares open for trading on 9/16/13.
Below is a dividend history chart for AIF, showing historical dividends prior to the most recent $0.117 declared by Apollo Tactical Income Fund Incorporated:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AIF is likely to continue, and whether the current estimated yield of 8.12% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AIF shares, versus its 200 day moving average:Looking at the chart above, AIF's low point in its 52 week range is $16.24 per share, with $20.21 as the 52 week high point — that compares with a last trade of $17.30.
In Thursday trading, Apollo Tactical Income Fund Incorporated shares are currently up about 0.5% on the day.