Reminder - Apollo Senior Floating Rate Fund I (AFT) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 9/16/13, Apollo Senior Floating Rate Fund I (AFT) will trade ex-dividend, for its monthly dividend of $0.101, payable on 9/30/13. As a percentage of AFT's recent stock price of $18.16, this dividend works out to approximately 0.56%, so look for shares of Apollo Senior Floating Rate Fund I to trade 0.56% lower — all else being equal — when AFT shares open for trading on 9/16/13.

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 $0.101 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 6.67% 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 $18.02 per share, with $21.03 as the 52 week high point — that compares with a last trade of $18.16.

In Thursday trading, Apollo Senior Floating Rate Fund I shares are currently down about 0.2% on the day.

null

More from Stocks

Sarepta Shares Keep Climbing and PTC Therapeutics Bounces Back

Sarepta Shares Keep Climbing and PTC Therapeutics Bounces Back

Dow Fluctuates, Nasdaq Strikes Record High

Dow Fluctuates, Nasdaq Strikes Record High

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

What Will GM Do With Cruise -- and Is Its Stock Worth $55?

What Will GM Do With Cruise -- and Is Its Stock Worth $55?

GE's Exit From Dow Could Be a Blessing in Disguise, Goldman Says

GE's Exit From Dow Could Be a Blessing in Disguise, Goldman Says