Looking at the universe of stocks we cover at Dividend Channel, on 12/27/13, Arlington Asset Investment Corp (AI) will trade ex-dividend, for its quarterly dividend of $0.875, payable on 1/31/14. As a percentage of AI's recent stock price of $27.55, this dividend works out to approximately 3.18%, so look for shares of Arlington Asset Investment Corp to trade 3.18% lower — all else being equal — when AI shares open for trading on 12/27/13.
Below is a dividend history chart for AI, showing historical dividends prior to the most recent $0.875 declared by Arlington Asset Investment Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AI is likely to continue, and whether the current estimated yield of 12.70% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AI shares, versus its 200 day moving average:Looking at the chart above, AI's low point in its 52 week range is $20.14 per share, with $29.65 as the 52 week high point — that compares with a last trade of $27.45.
In Thursday trading, Arlington Asset Investment Corp shares are currently up about 0.7% on the day.