Looking at the universe of stocks we cover at Dividend Channel, on 12/27/13, Apollo Residential Mortgage, Inc. (AMTG) will trade ex-dividend, for its quarterly dividend of $0.40, payable on 1/31/14. As a percentage of AMTG's recent stock price of $15.36, this dividend works out to approximately 2.60%, so look for shares of Apollo Residential Mortgage, Inc. to trade 2.60% lower — all else being equal — when AMTG shares open for trading on 12/27/13.
Below is a dividend history chart for AMTG, showing historical dividends prior to the most recent $0.40 declared by Apollo Residential Mortgage, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AMTG is likely to continue, and whether the current estimated yield of 10.42% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AMTG shares, versus its 200 day moving average:Looking at the chart above, AMTG's low point in its 52 week range is $14.24 per share, with $23.11 as the 52 week high point — that compares with a last trade of $15.37.
According to Preferred Stock Channel, there is a series of preferred stock that is senior to AMTG, which trades under the symbol AMTG.PRA — more info ». In Thursday trading, Apollo Residential Mortgage, Inc. shares are currently up about 0.3% on the day.