Apollo Tactical Income Fund Inc (NYSE:AIF) announced a monthly dividend on Monday, October 30th, Wall Street Journal reports. Stockholders of record on Friday, November 17th will be given a dividend of 0.10 per share on Thursday, November 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.48%. The ex-dividend date of this dividend is Thursday, November 16th.
Apollo Tacticalome Fund has raised its dividend by an average of 13.9% per year over the last three years.
Apollo Tacticalome Fund (NYSE:AIF) traded down 1.11% during mid-day trading on Monday, hitting $16.05. 52,654 shares of the stock were exchanged. The stock’s 50 day moving average is $16.19 and its 200 day moving average is $16.33. Apollo Tacticalome Fund has a 52-week low of $14.56 and a 52-week high of $16.77.
Apollo Tacticalome Fund Company Profile
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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