Cash Dividend On The Way From American Strategic Income Portfolio II (BSP)

Looking at the universe of stocks we cover at Dividend Channel, on 3/3/14, American Strategic Income Portfolio II (BSP) will trade ex-dividend, for its monthly dividend of $0.05, payable on 3/19/14. As a percentage of BSP's recent stock price of $8.22, this dividend works out to approximately 0.61%, so look for shares of American Strategic Income Portfolio II to trade 0.61% lower — all else being equal — when BSP shares open for trading on 3/3/14.

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Below is a dividend history chart for BSP, showing historical dividends prior to the most recent $0.05 declared by American Strategic Income Portfolio II:

BSP+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 BSP is likely to continue, and whether the current estimated yield of 7.30% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of BSP shares, versus its 200 day moving average:

American Strategic Income Portfolio II 200 Day Moving Average Chart

Looking at the chart above, BSP's low point in its 52 week range is $7.46 per share, with $9.15 as the 52 week high point — that compares with a last trade of $8.22.

In Thursday trading, American Strategic Income Portfolio II shares are currently down about 0.1% on the day.

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