Looking at the universe of stocks we cover at Dividend Channel, on 12/17/13, Apollo Investment Corporation (AINV) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 1/6/14. As a percentage of AINV's recent stock price of $8.65, this dividend works out to approximately 2.31%, so look for shares of Apollo Investment Corporation to trade 2.31% lower — all else being equal — when AINV shares open for trading on 12/17/13.
Cash Dividend On The Way From Apollo Investment (AINV)
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