Apollo Tactical Income (AIF) Earning Positive News Coverage, Analysis Shows

Media stories about Apollo Tactical Income (NYSE:AIF) have been trending positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Apollo Tactical Income earned a news sentiment score of 0.28 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.9888329864853 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

NYSE:AIF traded down $0.05 during trading hours on Friday, reaching $15.80. The company had a trading volume of 49,850 shares, compared to its average volume of 62,042. Apollo Tactical Income has a twelve month low of $15.37 and a twelve month high of $16.71.

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The business also recently declared a monthly dividend, which will be paid on Monday, April 30th. Shareholders of record on Tuesday, April 17th will be issued a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 7.59%. The ex-dividend date of this dividend is Monday, April 16th.

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About Apollo Tactical Income

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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