Ex-Div Reminder For Preferred Apartment Communities (APTS)

Looking at the universe of stocks we cover at Dividend Channel, on 6/24/13, Preferred Apartment Communities Inc. ( APTS) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 7/22/13. As a percentage of APTS's recent stock price of $8.65, this dividend works out to approximately 1.73%, so look for shares of Preferred Apartment Communities Inc. to trade 1.73% lower — all else being equal — when APTS shares open for trading on 6/24/13.

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Below is a dividend history chart for APTS, showing historical dividends prior to the most recent $0.15 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 6.94% 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:

Preferred Apartment Communities Inc. 200 Day Moving Average Chart

Looking at the chart above, APTS's low point in its 52 week range is $6.61 per share, with $10.05 as the 52 week high point — that compares with a last trade of $8.65.

In Thursday trading, Preferred Apartment Communities Inc. shares are currently down about 0.6% on the day.