Cash Dividend On The Way From Apollo Senior Floating Rate Fund I (AFT)

Looking at the universe of stocks we cover at Dividend Channel, on 6/14/13, Apollo Senior Floating Rate Fund I (AFT) will trade ex-dividend, for its monthly dividend of $0.105, payable on 6/28/13. As a percentage of AFT's recent stock price of $19.47, this dividend works out to approximately 0.54%, so look for shares of Apollo Senior Floating Rate Fund I to trade 0.54% lower — all else being equal — when AFT shares open for trading on 6/14/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for AFT, showing historical dividends prior to the most recent $0.105 declared by Apollo Senior Floating Rate Fund I:

AFT+Dividend+History+Chart

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 6.47% 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:

Apollo Senior Floating Rate Fund I 200 Day Moving Average Chart

Looking at the chart above, AFT's low point in its 52 week range is $17.29 per share, with $21.03 as the 52 week high point — that compares with a last trade of $19.47.

In Wednesday trading, Apollo Senior Floating Rate Fund I shares are currently up about 0.5% on the day.

null

More from Stocks

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Why the FANG Stocks' Dominance May Not Be So Bad for the Market

Why the FANG Stocks' Dominance May Not Be So Bad for the Market

At End of May, Investors Signalling They May Stay Away

At End of May, Investors Signalling They May Stay Away

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever