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.
TRADEMARK VIOLATION WARNING: “Apollo Senior Floating Rate Fund Inc (AFT) to Issue Monthly Dividend of $0.10 on November 30th” was first posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of US and international copyright & trademark laws. The legal version of this piece can be accessed at https://www.thelincolnianonline.com/2018/11/10/apollo-senior-floating-rate-fund-inc-aft-to-issue-monthly-dividend-of-0-10-on-november-30th.html.
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.
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.