Apollo Senior Floating Rate Fund Inc (NYSE:AFT) announced a monthly dividend on Friday, June 30th, Wall Street Journal reports. Shareholders of record on Wednesday, July 19th will be paid a dividend of 0.09 per share by the closed-end fund on Monday, July 31st. This represents a $1.08 dividend on an annualized basis and a yield of 6.40%. The ex-dividend date of this dividend is Monday, July 17th.

Apollo Senior Floating Rate Fund has decreased its dividend payment by an average of 4.3% per year over the last three years.

Shares of Apollo Senior Floating Rate Fund (NYSE AFT) traded up 0.54% during mid-day trading on Friday, reaching $16.87. 92,409 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $17.19 and its 200-day moving average price is $17.41. Apollo Senior Floating Rate Fund has a one year low of $15.69 and a one year high of $18.08.

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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.

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

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