Looking at the universe of stocks we cover at Dividend Channel, on 2/13/14, Apollo Senior Floating Rate Fund I (AFT) will trade ex-dividend, for its monthly dividend of $0.0997, payable on 2/28/14. As a percentage of AFT's recent stock price of $18.22, this dividend works out to approximately 0.55%, so look for shares of Apollo Senior Floating Rate Fund I to trade 0.55% lower — all else being equal — when AFT shares open for trading on 2/13/14.
Below is a dividend history chart for AFT, showing historical dividends prior to the most recent $0.0997 declared by Apollo Senior Floating Rate Fund I:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AFT is likely to continue, and whether the current estimated yield of 6.57% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AFT shares, versus its 200 day moving average:Looking at the chart above, AFT's low point in its 52 week range is $17.46 per share, with $21.03 as the 52 week high point — that compares with a last trade of $18.29.
In Tuesday trading, Apollo Senior Floating Rate Fund I shares are currently down about 0.8% on the day.