Apollo Senior Floating Rate Fund Inc (NYSE:AFT) announced a monthly dividend on Monday, February 26th, Wall Street Journal reports. Shareholders of record on Friday, March 16th will be given a dividend of 0.096 per share by the closed-end fund on Thursday, March 29th. This represents a $1.15 annualized dividend and a yield of 6.93%. The ex-dividend date of this dividend is Thursday, March 15th. This is an increase from Apollo Senior Floating Rate Fund’s previous monthly dividend of $0.09.
Apollo Senior Floating Rate Fund has decreased its dividend payment by an average of 2.4% per year over the last three years.
Shares of Apollo Senior Floating Rate Fund (NYSE:AFT) opened at $16.63 on Friday. Apollo Senior Floating Rate Fund has a twelve month low of $16.08 and a twelve month high of $17.80.
Apollo Senior Floating Rate Fund Company Profile
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.
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.