The Apollo Investment Announces Dividend of $0.31.

Apollo Investment has declared a dividend of $0.31. The dividend will be paid on April 7 to stockholders with a record date of March 21; the ex-dividend date is March 18. A supplemental dividend of $0.05 per share was also declared by the company’s board of directors, which will be paid on April 7, 2022 to shareholders of record on March 21, 2022.

The stock of AINV opened at $13.46 on Friday. The company has an $866.22 million market cap, a PE ratio of 6.60, and a beta of 1.86. The company’s 50-day and 200-day simple moving averages, respectively, are $13.06 and $13.30. Apollo Investment’s 52-week low is $11.75, and its 52-week high is $15.27. The company has a quick ratio of 1.22, a current ratio of 1.22, and a debt-to-equity ratio of 1.54.

The company’s shares are listed on the New York Stock Exchange under the ticker AIPO. Dividends are the ultimate form of financial reward. A dividend is a standard payout on shares of stock that an investor receives periodically. 

Apollo Investment’s compensation payout has declined by 28.4 percent over the last three years, but it has increased its dividend every year compared to previous years. Apollo Investment’s dividend is currently covered by earnings, with a payout ratio of 89.2 percent, but this may not be the case in the future if the company’s profits drop. According to research analysts, Apollo Investment is expected to generate $1.42 per share next year, which implies the company will cover its $1.24 annual dividend with an expected future payout ratio of 87.3 percent.

About Apollo Investment (NASDAQ:AINV)

Apollo Investment is a leading provider of leveraging and financing services to the global oil and gas industry. The company’s expertise includes project finance, working capital solutions, debt funds, equity investments, and acquisitions. Apollo has more than 100 offices in 40 countries, and its powerful brand has positioned the company as a trusted partner for upstream and downstream oil & gas companies. 

Apollo Investment was founded in 2006 by Elie Azar (a group of investors), who had been involved in various international oil and gas projects since 2000. Apollo Investment is headquartered in Dallas with offices across North America, Europe, Asia, Australia, Africa, and Latin America. 

Apollo Investment’s website provides information on its capabilities and its latest news releases, filings, and financial data. You can also find information on how to contact the company or request an investor presentation on their site.