Looking at the universe of stocks we cover at Dividend Channel, on 12/24/14, KCAP Financial ( KCAP) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 1/29/15. As a percentage of KCAP's recent stock price of $7.49, this dividend works out to approximately 3.34%, so look for shares of KCAP Financial to trade 3.34% lower — all else being equal — when KCAP shares open for trading on 12/24/14.Below is a dividend history chart for KCAP, showing historical dividends prior to the most recent $0.25 declared by KCAP Financial: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from KCAP is likely to continue, and whether the current estimated yield of 13.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of KCAP shares, versus its 200 day moving average: Looking at the chart above, KCAP's low point in its 52 week range is $6.62 per share, with $8.77 as the 52 week high point — that compares with a last trade of $7.48. According to the ETF Finder at ETF Channel, KCAP makes up 1.34% of the BDC Income ETF ( BIZD) which is trading lower by about 0.5% on the day Monday. In Monday trading, KCAP Financial shares are currently up about 0.4% on the day.