Looking at the universe of stocks we cover at Dividend Channel, on 10/15/13, Horizon Tech Finance Corporation (HRZN) will trade ex-dividend, for its monthly dividend of $0.115, payable on 11/15/13. As a percentage of HRZN's recent stock price of $13.15, this dividend works out to approximately 0.87%, so look for shares of Horizon Tech Finance Corporation to trade 0.87% lower — all else being equal — when HRZN shares open for trading on 10/15/13.
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Below is a dividend history chart for HRZN, showing historical dividends prior to the most recent $0.115 declared by Horizon Tech Finance Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HRZN is likely to continue, and whether the current estimated yield of 10.49% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HRZN shares, versus its 200 day moving average:
Looking at the chart above, HRZN's low point in its 52 week range is $12.77 per share, with $18.17 as the 52 week high point — that compares with a last trade of $13.14.
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In Friday trading, Horizon Tech Finance Corporation shares are currently up about 0.2% on the day.