Apollo Senior Floating Rate Fund Inc (NYSE:AFT) Declares Monthly Dividend of $0.10

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Apollo Senior Floating Rate Fund Inc (NYSE:AFT) announced a monthly dividend on Monday, December 9th, Wall Street Journal reports. Investors of record on Tuesday, December 17th will be paid a dividend of 0.10 per share by the closed-end fund on Tuesday, December 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.03%. The ex-dividend date of this dividend is Monday, December 16th.

Shares of Apollo Senior Floating Rate Fund stock opened at $14.95 on Friday. The company has a 50-day simple moving average of $14.71 and a 200 day simple moving average of $14.77. Apollo Senior Floating Rate Fund has a 12-month low of $13.92 and a 12-month high of $15.39.

About Apollo Senior Floating Rate Fund

Apollo Senior Floating Rate Fund Inc is a closed ended fixed income mutual fund launched and managed by Apollo Credit Management, LLC. The Fund invests in fixed income markets. It primarily invests in senior secured loans made to companies whose debt is rated below investment grade. The Fund employs a conservative approach to credit selection that focuses on collateral coverage, structural seniority, and credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams.

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

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