AFT Ex-Dividend Reminder - 8/16/13

Looking at the universe of stocks we cover at Dividend Channel, on 8/16/13, Apollo Senior Floating Rate Fund I ( AFT) will trade ex-dividend, for its monthly dividend of $0.105, payable on 8/30/13. As a percentage of AFT's recent stock price of $18.54, this dividend works out to approximately 0.57%, so look for shares of Apollo Senior Floating Rate Fund I to trade 0.57% lower — all else being equal — when AFT shares open for trading on 8/16/13.

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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 6.80% 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 $18.40 per share, with $21.03 as the 52 week high point — that compares with a last trade of $18.54.

In Wednesday trading, Apollo Senior Floating Rate Fund I shares are currently down about 0.9% on the day.

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