Cash Dividend On The Way From Apollo Tactical Income Fund Incorporated (AIF)

Looking at the universe of stocks we cover at Dividend Channel, on 6/16/15, Apollo Tactical Income Fund Incorporated (AIF) will trade ex-dividend, for its monthly dividend of $0.117, payable on 6/30/15. As a percentage of AIF's recent stock price of $16.33, this dividend works out to approximately 0.72%, so look for shares of Apollo Tactical Income Fund Incorporated to trade 0.72% lower — all else being equal — when AIF shares open for trading on 6/16/15.

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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 8.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AIF shares, versus its 200 day moving average:

Apollo Tactical Income Fund Incorporated 200 Day Moving Average Chart

Looking at the chart above, AIF's low point in its 52 week range is $14.72 per share, with $18.44 as the 52 week high point — that compares with a last trade of $16.33.

In Friday trading, Apollo Tactical Income Fund Incorporated shares are currently trading flat on the day.

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