Apollo Investment Corp. (AINV) Tops Q4 EPS by 1c

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Apollo Investment Corporation Reports Financial Results for the Quarter and Fiscal Year Ended March 31, 2017

May 18, 2017 7:30 AM EDT

Fiscal Fourth Quarter and Other Recent Highlights:

Net investment income per share for the quarter was $0.17, compared to $0.17 for the quarter ended December 31, 2016 Net asset value per share as of the end of the quarter was $6.74 compared to $6.86 as of December 31, 2016, a 1.7% decrease Declared a distribution of $0.15 per share Net leverage as of the end of the quarter was 0.55 x, compared to 0.66 x as of December 31, 2016 providing us with substantial investment capacity to execute our portfolio repositioning strategy... More