Looking at the universe of stocks we cover at Dividend Channel, on 12/24/13, KCAP Financial (KCAP) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 1/27/14. As a percentage of KCAP's recent stock price of $8.30, this dividend works out to approximately 3.01%, so look for shares of KCAP Financial to trade 3.01% lower — all else being equal — when KCAP shares open for trading on 12/24/13.
Below is a dividend history chart for KCAP, showing historical dividends prior to the most recent $0.25 declared by KCAP Financial:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from KCAP is likely to continue, and whether the current estimated yield of 12.05% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of KCAP shares, versus its 200 day moving average:Looking at the chart above, KCAP's low point in its 52 week range is $7.49 per share, with $11.48 as the 52 week high point — that compares with a last trade of $8.31.
According to the ETF Finder at ETF Channel, KCAP makes up 1.28% of the BDC Income ETF (BIZD) which is trading lower by about 0.2% on the day Friday. In Friday trading, KCAP Financial shares are currently up about 0.6% on the day.