Dividend Growth of Apollo Investment Corporation(AINV)

Apollo Investment Corporation(AINV) is having a Dividend Yield of 9.65% with the Annual cash Dividend per share of $0.8. The last quarter cash dividend per share pay out was $0.15. Apollo Investment Corporation has a 5 year average dividend yield of 11.02% and the stock has a Indicated annual dividend of $0.6. Apollo Investment Corporation(AINV) formally announced its most recent dividend on February 6, 2017 with a Dividend per share of $0.15. The new indicated annual dividend based on announced dividend per share is $0.6. The dividend yield based on the forward looking indicated annual dividend is 9.65%. Apollo Investment Corporation(AINV) has the most recent dividend payout ratio of 0.85 with a 5-year average payout ratio of 0.92. The 5 year historical dividend growth of Apollo Investment Corporation(AINV) is at the rate of -3.07% while the R-Squared dividend growth is 0.27. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Thursdays trading session turned out to be a no-profit no-loss event for Apollo Investment Corporation (NASDAQ:AINV). The opening trade occurred at $6.24 and the highest and the lowest points of the day were $6.24 and $6.17 respectively. The final trade was registered at $6.22 and the volume by the end of the day had touched 839,740 shares. The 52-week high of the stock is $6.27 and the 52-week low is $4.45. According to the current valuation, the market cap of the company is $1,367 million and the total number of shares available in public circulation is 219,694,650. Shares of Apollo Investment Corporation rose by 3.15% in the last five trading days and 4.54% for the last 4 weeks. Apollo Investment Corporation is up 6.97% in the last 3-month period. Year-to-Date the stock performance stands at 6.14%.

Currently the company Insiders own 0.26% of Apollo Investment Corporation shares according to the proxy statements. Institutional Investors own 45.2% of Apollo Investment Corporation shares. Company has reported several Insider transactions to the SEC, on Aug 22, 2016, Hilary E. Ackermann (director) purchased 6,000 shares at 6.02 per share price.On Aug 17, 2016, Howard Widra (President) purchased 5,000 shares at 6.02 per share price.On Aug 16, 2016, Frank C Puleo (director) purchased 4,180 shares at 6.01 per share price.

Apollo Investment Corp. Last issued its quarterly earnings results on Feb 6, 2017. The company reported $0.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.16. The company had revenue of $68.07 million for the quarter, compared to analysts expectations of $69.76 million. The companys revenue was down -27.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.21 EPS.

Apollo Investment Corporation is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. The Companys investment portfolio will be principally in middle-market private companies.


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