STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$1.48
Forward Annual Dividend Rate
$1.75
Yield
Trailing Annual Dividend Yield
9.97%
Forward Annual Dividend Yield
12.63%
Dividend Date
Dividend Date
Feb 29, 2024
Ex-dividend Date
Feb 21, 2024
8.62 %
61.81
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Feb 09, 2024 | 0.133 | Feb 21, 2024 | Feb 22, 2024 | Feb 29, 2024 |
| Jan 11, 2024 | 0.133 | Jan 23, 2024 | Jan 24, 2024 | Jan 31, 2024 |
| Dec 11, 2023 | 0.133 | Dec 20, 2023 | Dec 21, 2023 | Dec 29, 2023 |
| Nov 10, 2023 | 0.125 | Nov 21, 2023 | Nov 22, 2023 | Nov 30, 2023 |
| Oct 12, 2023 | 0.125 | Oct 23, 2023 | Oct 24, 2023 | Oct 31, 2023 |
| Sep 11, 2023 | 0.122 | Sep 21, 2023 | Sep 22, 2023 | Sep 29, 2023 |
| Aug 11, 2023 | 0.122 | Aug 23, 2023 | Aug 24, 2023 | Aug 31, 2023 |
| Jul 14, 2023 | 0.122 | Jul 21, 2023 | Jul 24, 2023 | Jul 31, 2023 |
| Jun 12, 2023 | 0.122 | Jun 22, 2023 | Jun 23, 2023 | Jun 30, 2023 |
| May 11, 2023 | 0.122 | May 22, 2023 | May 23, 2023 | May 31, 2023 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
No Data | |||||||||||||||||||
Frequently Asked Questions
Is Apollo Tactical Income Fund Inc. (AIF) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Apollo Tactical Income Fund Inc. is also among the companies that regularly pay dividends.
What is AIF's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. AIF's annual dividend yield for the trailing 12 months is 9.97.
When did AIF last pay a dividend?
AIF last paid dividends on 2024-02-29, with the ex-dividend date being 2024-02-21.
When was the last time AIF stock split?
AIF stock split took place on N/A.
How did AIF's stock split work?
Its last split took place on Invalid Date, when Apollo Tactical Income Fund Inc. went through a undefined split leaving the shareholder with undefined share(s) who previously owned undefined AIF share(s).