Looking at the universe of stocks we cover at Dividend Channel, on 12/4/13, Alliance Fiber Optic Products Inc. (AFOP) will trade ex-dividend, for its annual dividend of $0.15, payable on 12/23/13. As a percentage of AFOP's recent stock price of $15.23, this dividend works out to approximately 0.98%, so look for shares of Alliance Fiber Optic Products Inc. to trade 0.98% lower — all else being equal — when AFOP shares open for trading on 12/4/13.
Below is a dividend history chart for AFOP, showing historical dividends prior to the most recent $0.15 declared by Alliance Fiber Optic Products Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AFOP is likely to continue, and whether the current estimated yield of 0.98% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AFOP shares, versus its 200 day moving average:Looking at the chart above, AFOP's low point in its 52 week range is $5.28 per share, with $23.94 as the 52 week high point — that compares with a last trade of $15.37.
In Monday trading, Alliance Fiber Optic Products Inc. shares are currently up about 3.2% on the day.