Apollo Senior Floating Rate Fund Inc (AFT) to Issue $0.10 Monthly Dividend
Apollo Senior Floating Rate Fund Inc (NYSE:AFT) declared a monthly dividend on Monday, November 19th, Wall Street Journal reports. Shareholders of record on Monday, December 17th will be given a dividend of 0.10 per share by the closed-end fund on Monday, December 31st. This represents a $1.20 dividend on an annualized basis and a yield of 7.97%. The ex-dividend date is Friday, December 14th.
Apollo Senior Floating Rate Fund has decreased its dividend payment by an average of 2.4% annually over the last three years.
AFT opened at $15.06 on Tuesday. Apollo Senior Floating Rate Fund has a fifty-two week low of $15.05 and a fifty-two week high of $18.69.
About Apollo Senior Floating Rate Fund
Apollo Senior Floating Rate Fund, Inc operates as a closed-end investment management company. It seeks to achieve its investment objective by investing primarily in senior, secured loans made to companies whose debt is rated below investment grade, and investments with similar characteristics. The company was founded on February 23, 2011 and is headquartered in New York, NY.
Recommended Story: What does cost of debt say about a company’s financial health?
Receive News & Ratings for Apollo Senior Floating Rate Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apollo Senior Floating Rate Fund and related companies with MarketBeat.com's FREE daily email newsletter.