Friday Is Your Last Chance To Buy Apollo Senior Floating Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Apollo Senior Floating (NYSE:AFT) has announced a monthly dividend of 13.5 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on October 31, 2023.
October 18, 2023 | 2:45 pm
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Apollo Senior Floating has announced a dividend payout, which will likely cause the stock to open lower on the ex-dividend date.
Dividend payouts typically cause a stock's price to decrease by roughly the amount of the dividend on the ex-dividend date. In this case, Apollo Senior Floating's stock is expected to open 13.5 cents lower on the ex-dividend date.
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