Apollo Investment Co. (NASDAQ:AINV) announced a quarterly dividend on Friday, May 18th, RTT News reports. Shareholders of record on Thursday, June 21st will be paid a dividend of 0.15 per share by the asset manager on Friday, July 6th. This represents a $0.60 annualized dividend and a yield of 10.71%.
AINV traded down $0.04 during midday trading on Friday, hitting $5.60. The stock had a trading volume of 5,630 shares, compared to its average volume of 844,103. The firm has a market cap of $1.21 billion, a P/E ratio of 8.39, a P/E/G ratio of 1.71 and a beta of 0.89. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.43 and a quick ratio of 0.43. Apollo Investment has a 1 year low of $5.56 and a 1 year high of $5.58.
Apollo Investment (NASDAQ:AINV) last issued its earnings results on Friday, May 18th. The asset manager reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.01). The firm had revenue of $61.50 million during the quarter, compared to analysts’ expectations of $64.17 million. Apollo Investment had a return on equity of 9.45% and a net margin of 28.18%. The firm’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.17 EPS. equities analysts anticipate that Apollo Investment will post 0.62 earnings per share for the current year.
About Apollo Investment
Apollo Investment Corporation is a closed-end, externally managed, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation. It invests primarily in various forms of debt investments, including secured and unsecured debt, loan investments and/or equity in private middle-market companies.
Receive News & Ratings for Apollo Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apollo Investment and related companies with MarketBeat.com's FREE daily email newsletter.