American Strategic Income Portfolio About To Put More Money In Your Pocket (ASP)

Looking at the universe of stocks we cover at Dividend Channel, on 11/1/13, American Strategic Income Portfolio ( ASP) will trade ex-dividend, for its monthly dividend of $0.0575, payable on 11/20/13. As a percentage of ASP's recent stock price of $9.83, this dividend works out to approximately 0.58%, so look for shares of American Strategic Income Portfolio to trade 0.58% lower — all else being equal — when ASP shares open for trading on 11/1/13.

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Below is a dividend history chart for ASP, showing historical dividends prior to the most recent $0.0575 declared by American Strategic Income Portfolio:

ASP+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 ASP is likely to continue, and whether the current estimated yield of 7.02% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ASP shares, versus its 200 day moving average:

American Strategic Income Portfolio 200 Day Moving Average Chart

Looking at the chart above, ASP's low point in its 52 week range is $8.70 per share, with $12.34 as the 52 week high point — that compares with a last trade of $9.83.

In Wednesday trading, American Strategic Income Portfolio shares are currently trading flat on the day.
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