Looking at the universe of stocks we cover at Dividend Channel, on 3/12/14, Preferred Apartment Communities Inc. (APTS) will trade ex-dividend, for its quarterly dividend of $0.16, payable on 4/15/14. As a percentage of APTS's recent stock price of $8.26, this dividend works out to approximately 1.94%, so look for shares of Preferred Apartment Communities Inc. to trade 1.94% lower — all else being equal — when APTS shares open for trading on 3/12/14.
Below is a dividend history chart for APTS, showing historical dividends prior to the most recent $0.16 declared by Preferred Apartment Communities Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from APTS is likely to continue, and whether the current estimated yield of 7.75% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of APTS shares, versus its 200 day moving average:Looking at the chart above, APTS's low point in its 52 week range is $7.62 per share, with $10.05 as the 52 week high point — that compares with a last trade of $8.26.
In Monday trading, Preferred Apartment Communities Inc. shares are currently down about 0.1% on the day.