Reminder - Apollo Tactical Income Fund Incorporated (AIF) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 12/16/13, Apollo Tactical Income Fund Incorporated ( AIF) will trade ex-dividend, for its monthly dividend of $0.117, payable on 12/31/13. As a percentage of AIF's recent stock price of $17.46, this dividend works out to approximately 0.67%, so look for shares of Apollo Tactical Income Fund Incorporated to trade 0.67% lower — all else being equal — when AIF shares open for trading on 12/16/13.

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Below is a dividend history chart for AIF, showing historical dividends prior to the most recent $0.117 declared by Apollo Tactical Income Fund Incorporated:

AIF+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 AIF is likely to continue, and whether the current estimated yield of 8.04% on annualized basis is a reasonable expectation of annual yield going forward.

In Thursday trading, Apollo Tactical Income Fund Incorporated shares are currently off about 0.5% on the day.

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