Looking at the universe of stocks we cover at Dividend Channel, on 12/17/13, Apollo Investment Corporation (AINV) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 1/6/14. As a percentage of AINV's recent stock price of $8.65, this dividend works out to approximately 2.31%, so look for shares of Apollo Investment Corporation to trade 2.31% lower — all else being equal — when AINV shares open for trading on 12/17/13.
Below is a dividend history chart for AINV, showing historical dividends prior to the most recent $0.20 declared by Apollo Investment Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AINV is likely to continue, and whether the current estimated yield of 9.24% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AINV shares, versus its 200 day moving average:Looking at the chart above, AINV's low point in its 52 week range is $7.28 per share, with $9.08 as the 52 week high point — that compares with a last trade of $8.65.
According to the ETF Finder at ETF Channel, AINV makes up 5.72% of the BDC Income ETF (BIZD) which is trading lower by about 0.2% on the day Friday. In Friday trading, Apollo Investment Corporation shares are currently up about 0.2% on the day.