Looking at the universe of stocks we cover at Dividend Channel, on 2/12/14, Horizon Tech Finance Corporation (HRZN) will trade ex-dividend, for its monthly dividend of $0.115, payable on 3/17/14. As a percentage of HRZN's recent stock price of $14.45, this dividend works out to approximately 0.80%, so look for shares of Horizon Tech Finance Corporation to trade 0.80% lower — all else being equal — when HRZN shares open for trading on 2/12/14.
Below is a dividend history chart for HRZN, showing historical dividends prior to the most recent $0.115 declared by Horizon Tech Finance Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HRZN is likely to continue, and whether the current estimated yield of 9.55% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HRZN shares, versus its 200 day moving average:Looking at the chart above, HRZN's low point in its 52 week range is $12.77 per share, with $15.74 as the 52 week high point — that compares with a last trade of $14.44.
In Monday trading, Horizon Tech Finance Corporation shares are currently up about 0.7% on the day.