Apollo Senior Floating Announces Monthly Dividend of $0.10 (AFT)
Apollo Senior Floating (NYSE:AFT) announced a monthly dividend on Friday, April 27th, Wall Street Journal reports. Investors of record on Thursday, May 17th will be given a dividend of 0.096 per share by the closed-end fund on Thursday, May 31st. This represents a $1.15 dividend on an annualized basis and a yield of 6.86%. The ex-dividend date is Wednesday, May 16th.
Apollo Senior Floating has decreased its dividend payment by an average of 2.4% per year over the last three years.
AFT stock opened at $16.80 on Friday. Apollo Senior Floating has a 52 week low of $16.08 and a 52 week high of $17.63.
Apollo Senior Floating Rate Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek current income and preservation of capital. The Fund seeks to achieve its investment objective by investing in senior, secured loans made to companies whose debt is rated below investment grade and investments with similar characteristics.
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