Apollo Tactical Income Fund Inc Declares Monthly Dividend of $0.10 (AIF)
Apollo Tactical Income Fund Inc (NYSE:AIF) announced a monthly dividend on Thursday, August 10th, Wall Street Journal reports. Stockholders of record on Tuesday, September 19th will be paid a dividend of 0.10 per share on Friday, September 29th. This represents a $1.20 annualized dividend and a dividend yield of 7.49%. The ex-dividend date of this dividend is Monday, September 18th.
Apollo Tacticalome Fund has increased its dividend payment by an average of 13.9% annually over the last three years.
Shares of Apollo Tacticalome Fund (NYSE AIF) traded down 1.35% during midday trading on Thursday, hitting $16.02. The stock had a trading volume of 58,812 shares. Apollo Tacticalome Fund has a one year low of $14.56 and a one year high of $16.77. The firm has a 50 day moving average of $16.35 and a 200-day moving average of $16.30.
Apollo Tacticalome Fund Company Profile
Apollo Tactical Income Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income with a secondary objective of preservation of capital. The Fund invests approximately 80% of its assets in credit instruments, such as senior loans, subordinated loans, high yield corporate bonds, notes, bills, debentures, distressed securities, mezzanine securities, structured products, bank loans, corporate loans, convertible and preferred securities, government and municipal obligations, mortgage-backed securities, repurchase agreements and other fixed-income instruments, and investments.
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