Apollo Senior Floating Rate Fund Inc (AFT) to Issue Monthly Dividend of $0.10 on November 30th

Apollo Senior Floating Rate Fund Inc (NYSE:AFT) declared a monthly dividend on Tuesday, October 23rd, Wall Street Journal reports. Investors of record on Friday, November 16th will be given a dividend of 0.10 per share by the closed-end fund on Friday, November 30th. This represents a $1.20 dividend on an annualized basis and a yield of 7.83%. The ex-dividend date is Thursday, November 15th. This is a boost from Apollo Senior Floating Rate Fund’s previous monthly dividend of $0.10.

Apollo Senior Floating Rate Fund has decreased its dividend payment by an average of 2.4% annually over the last three years.

NYSE:AFT opened at $15.33 on Friday. Apollo Senior Floating Rate Fund has a 1 year low of $15.17 and a 1 year high of $18.69.

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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.

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Dividend History for Apollo Senior Floating Rate Fund (NYSE:AFT)

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