Tuesday Is Your Last Chance To Buy Apollo Tactical Income Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Apollo Tactical Income (NYSE:AIF) announced a monthly dividend of 13.3 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning AIF by the end of Tuesday are eligible for the dividend, payable on February 29, 2024.

February 16, 2024 | 2:45 pm
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NEUTRAL IMPACT
Apollo Tactical Income announced a monthly dividend of 13.3 cents per share, with the ex-dividend date on Wednesday. Eligibility requires ownership by end of Tuesday, with payment on February 29, 2024.
The announcement of a dividend payout typically has a neutral short-term impact on the stock price, as the price adjustment for the dividend is expected and accounted for. The relevance is high as the news directly pertains to AIF. The importance is significant for investors focused on dividend income, but not critical for all investors. Confidence in this analysis is high due to the straightforward nature of dividend announcements and their typical market effects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100