Apollo Tactical Income

Apollo Tactical Income Fund Inc. is a closed-end management investment company. Its investment objective is to sell current income and preservation of capital. The company primarily invests in senior, secured loans made to companies whose debt is rated below investment grade and investments with similar characteristics.

Apollo Tactical Income Fund Inc. Common Stock

ASIA FINCL HLDGS LTD by Asia Financial Holdings Ltd.

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U.S. Official Says Wednesday Meeting Between President Biden And Russian President Putin Expected To Last 4-5 Hours

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Luminar Technologies Shares Quiet; Co Currently Holding Luminar Studio Day Webcast; Announces 'Luminar Blade'

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Benzinga's Top Ratings Upgrades, Downgrades For June 15, 2021

<a href="https://www.openexo.com/">OpenExO</a>, a decentralized ecosystem and global transformation platform, has announced that it has entered into a partnership with <a href="https://nectome.com/">Nectome</a>.&nbsp; 
&nbsp; 
The partnership agreement foresees collaboration between the OpenExO ecosystem and Nectome, leveraging the capabilities of decentralized storage systems and the underlying monetization mechanisms for use by the Nectome project &ndash; a research company dedicated to advancing the science of memory.
The company designs and conducts experiments to discover how the brain physically creates memories, advancing existing biological preservation techniques to better preserve the physical traces of human memory. Nectome is engaged in promoting the idea of ​​preserving human brains and then transferring consciousness to digital carriers. MIT Review calls such a technology a &ldquo;high-tech embalming process.&rdquo; 
&nbsp; 
The technology is based on &ldquo;vitrification&rdquo;, also known as an aldehyde-stabilized cryopreservation process. In simple terms, the company offers to freeze the brains of willing clients with the ability to recreate a digital copy of them in the future. 
&nbsp; 
Salim Ismail, the founder of Exo Economy, Silicon Valley veteran serial entrepreneur, announced the partnership with Nectome at a conference in Dubai, stating that OpenExO&rsquo;s Exponential Growth solutions will be applied for Nectome. 
&nbsp; 
&ldquo;Nectome is an exponential and far-out meditech technology, so at OpenExo, our community of 8 thousand and growing leans into the most emergent technologies currently out there that are also addressing the most difficult topics, death for example,&rdquo; as Salim Ismail noted on the partnership. 
&nbsp; 
The use of the OpenExO ecosystem can assist in the development of Nectome&rsquo;s storage and financial mechanisms through the use of the native platform EXOS tokens. The OpenExO Treasury will be using EXOS to pre-purchase the preservation of 5 full-body and brain end-of-life deanimations for terminally ill patients. 
&nbsp; 
Ismail has also stated that the partnership aims to demonstrate the availability of such advanced medical technologies and to publicly display the informational accuracy it can deliver. 
&nbsp; 
&ldquo;We&rsquo;ll have much, much more to say on this and related partnerships in the next few weeks on this topic. Yet, it&rsquo;s just one example of how we are working to transform the future in a society that will cater to the freedom of choice and leverage decentralized systems of governance and technology,&rdquo; as Salim Ismail concluded. 
&nbsp; 
OpenExO is a Global Transformation Ecosystem helping organizations, institutions and people to transform and unlock abundance. OpenExO founder Salim Ismail is the Founding Executive Director of Singularity University and lead author of Exponential Organizations. He has been building disruptive digital companies as a serial entrepreneur since the early 2000s and is the author of &ldquo;Exponential Organizations&rdquo;.&nbsp;
The ecosystem is also headed by co-founder Kent Langley &ndash; a leader and technology visionary with a deep technology background in Technology Operations, Cloud Computing, AI, Exponential Organizations, Data Science, and Blockchain. He is also a coach for organizations, leading them to powerful real-world results through the use of advanced technologies. 
&nbsp; 
OpenExO, Inc. has been driving the development of global marketplaces through methodology and ecosystem development, with a 7,500 strong network of ExO Consultants, Advisors, Disruptors and Coaches delivering transformational work through partner and sister organizations, such as ExOWorks.
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OpenExO Partners With Nectome, Buys Brain Preservation For Ill Patients

<a href="https://www.aboutamazon.com/news/small-business/amazon-commits-150-million-to-empower-black-entrepreneurs" title="https://www.aboutamazon.com/news/small-business/amazon-commits-150-million-to-empower-black-entrepreneurs">https://www.aboutamazon.com/news/small-business/amazon-commits-150-million-to-empower-black-entrepreneurs</a>
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Minority Owned/Focused Stocks Quiet; Traders Circulate Earlier Amazon Blog Titled 'Amazon commits $150 million to empower Black entrepreneurs'

Early Tuesday morning, Hindenburg Research issued a short report on the sports betting company DraftKings Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dkng#NASDAQ">DKNG</a>).
What Happened: In a <a href="https://hindenburgresearch.com/draftkings/">report </a>called &ldquo;A $21 billion SPAC betting it can hide its black market operations,&rdquo; Hindenburg Research targets DraftKings&nbsp;and its fully owned SBTech unit.
The SPAC deal that brought DraftKings public was a three-way merger between the SPAC, DraftKings&nbsp;and Bulgaria-based gaming technology company SBTech. Hindenburg accuses SBTech of being a red flag unit hidden within the DraftKings business.
&ldquo;Unbeknownst to investors, DraftKings&rsquo; merger with SBTech also brings exposure to extensive dealings in black-market gaming, money laundering and organized crime,&rdquo; the report says.
Hindenburg spoke to former employees and reviewed SEC filings to find that SBTech, which will soon power DraftKings&rsquo; back-end infrastructure, has a record of operations in the black market.
According to Hindenburg, SBTech attempted to hide some of the illegal operations prior to the merger by spinning off a unit into a newly formed company called BTi/CoreTech.
At the time of the SPAC merger, SBTech represented 25% of the company&rsquo;s revenue and was the only positive contributor to positive operating income.
Hindenburg also questions the $1.4 billion in insider sales since the company going public with the founder of SBTech the biggest seller with transactions of around $568 million.
Related Link:<a href="https://www.benzinga.com/news/earnings/21/05/21012840/draftkings-q1-revenue-up-175-paying-users-rise-114"> DraftKings Q1 Revenue Up 175%, Paying Users Rise 114%</a>
Why It&rsquo;s Important: Since completing its SPAC merger, DraftKings has been one of the most successful companies to go public this route with shares up almost 400%.
Unlike other short reports that Hindenburg has put out, the accusations don&rsquo;t question the financials of DraftKings but rather the operations that are used for the money.
Also not lost on Hindenburg is the mention in the report that DraftKings has major partnerships with the NFL, NBA, Nascar, PGA and UFC.
Readers should also note that Hindenburg Research is holding a short position in shares of DraftKings. The firm has <a href="https://hindenburgresearch.com/">targeted </a>several companies that completed SPAC mergers in the past including Lordstown Motors (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ride#NASDAQ">RIDE</a>), Clover Health Investments (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clov#NASDAQ">CLOV</a>), Nikola Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nkla#NASDAQ">NKLA</a>) and PureCycle Technologies (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pct#NASDAQ">PCT</a>).
Benzinga did not receive a response&nbsp;from DraftKings at the time of writing.
DKNG Price Action: Shares of DraftKings are down 6.7% to $47.18&nbsp;at publication time.

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DraftKings Falls On Hindenburg Short Report, Calls Out Sports Betting Co. For Skirting Law & Hiding 'Black Market Operations'

Following the market opening Tuesday, the Dow traded down 0.34% to 34,275.92 while the NASDAQ fell 0.09% to 14,161.73. The S&amp;P also fell, dropping 0.10% to 4,250.89.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 33,475,350 cases with around 599,960 deaths. India confirmed a total of at least 29,570,880 cases and 377,030 deaths, while Brazil reported over 17,452,610 COVID-19 cases with 488,220 deaths. In total, there were at least 176,329,880 cases of COVID-19 worldwide with more than 3,813,670 deaths, according to data compiled by Johns Hopkins University.

Leading and Lagging Sectors

Energy shares climbed 1.7% on Tuesday. Meanwhile, top gainers in the sector included Torchlight Energy Resources, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/trch#NASDAQ">TRCH</a>), up 46%, and Ring Energy, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rei#NYSE">REI</a>), up 6%.

In trading on Tuesday, real estate shares fell 0.8%.

Top Headline
US retail sales fell 1.3% in May, following a 0.9% increase in April. However, analysts were expecting for a 0.8% decline.
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Equities Trading UP

Alfi, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alf#NASDAQ">ALF</a>) shares shot up 85% to $6.30 after the company inked an agreement with All-Niter for the fulfillment, staging, and shipment of the first 10,000 digital tablets to countrywide Uber Technologies.

Shares of Torchlight Energy Resources, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/trch#NASDAQ">TRCH</a>) got a boost, shooting 43% to $5.10. Torchlight declared a Special Dividend of Series A Preferred Stock.

Clearside Biomedical, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clsd#NASDAQ">CLSD</a>) shares were also up, gaining 28% to $3.89 after the company announced positive safety results from Cohort 1 (n=6) of OASIS Phase 1/2a trial of CLS-AX (axitinib injectable suspension) for neovascular age-related macular degeneration (wet AMD).
<a href="https://www.benzinga.com/movers">Check out these big movers of the day</a>

Equities Trading DOWN
Document Security Systems, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dss#NYSE">DSS</a>) shares tumbled 41% to $1.63 after the company announced it priced a $43.5 million public offering of common stock. The public offering equates to 29,000,000 shares of the company&#39;s common stock at a price of $1.50 per share.
Shares of PDS Biotechnology Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pdsb#NASDAQ">PDSB</a>) were down 26% to $9.58 after the company priced its underwritten public offering of 5,294,118 shares at $8.50 per share.
Sage Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sage#NASDAQ">SAGE</a>) was down, falling 15% to $61.68. Looking to make a comeback after a big Phase 3 flop, Sage Therapeutics revealed data from another Phase 3 evaluating zuranolone in patients with Major Depressive Disorder (MDD). Though the trial achieved the primary endpoint of statistically significant improvements in depressive symptoms compared with placebo at Day 15, some results have made investors react, thus sending SAGE shares down early Tuesday.
Commodities

In commodity news, oil traded up 1.3% to $71.79, while gold traded up 0.1% to $1,868.10.

Silver traded down 0.9% Tuesday to $27.79 while copper fell 3.9% to $4.35.

Euro zone
European shares were mostly higher today. The eurozone&rsquo;s STOXX 600 gained 0.3%, the Spanish Ibex Index fell 0.5% and the German DAX 30 rose 0.4%. Meanwhile, the London&rsquo;s FTSE 100 gained 0.4%, French CAC 40 climbed 0.5% and Italy&rsquo;s FTSE MIB fell 0.1%.
The Eurozone trade surplus increased to EUR 10.9 billion in April from EUR 2.3 billion in the year-ago month. The UK unemployment rate dropped to 4.7% during the three months to April. Germany&#39;s consumer price inflation rate rose to 2.5% year-over-year in May.

Economics
The Federal Open Market Committee will start its two-day policy meeting today.

Producer prices for final demand rose 0.8% in May.

US retail sales fell 1.3% in May.

The New York Empire State Manufacturing Index dropped 7 points to a reading of 17.4 in June.

Total industrial production rose 0.8% in May.

US business inventories fell 0.2% for April.

The NAHB housing market index fell to 81 in June from 83 in each of the earlier two months.

The Treasury is set to auction 52-week bills at 11:30 a.m. ET.

The Treasury is set to auction 20-year bonds at 1:00 p.m. ET.

The Treasury International Capital report for April will be released at 4:00 p.m. ET.
<a href="https://www.benzinga.com/calendar/economics/">Check out the full economic calendar here </a>

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Mid-Morning Market Update: Markets Open Lower; US Retail Sales Drop 1.3% In May

DeFi has opened up a plethora of different financial investment options. Hundreds of online platforms offer different services, ranging from swaps, lending, liquidity providers, and much more, allowing the public to generate profits from their crypto assets.
<a href="https://add.xyz/" rel="nofollow noopener" target="_blank">ADD.xyz</a>&nbsp;is tapping into DeFi not just as another platform but catering to one of the largest issues being faced by users worldwide. With so many platforms running on different blockchains, it can be difficult and time-intensive to find the best DeFi farming options. ADD.xyz is a yield aggregator that allows its users to use it as a single point to invest in the top-performing DeFi platforms and protocols. While many prominent positions claim&nbsp;<a href="https://btcpeers.com/bank-of-korea-chief-lashes-out-on-cryptocurrencies-says-they-have-no-intrinsic-value/">cryptocurrencies have no value</a>, ADD is proving the opposite by allowing people to generate wealth.
With the launch of its updated lending aggregation product +Earn (previously known as Lend and Earn), we sat down with Arnie Hill, the ADD Founder, and asked him about the unique DeFi platform.
<blockquote>In a nutshell, what differentiates +Earn from other yield aggregators?</blockquote>
ADD&rsquo;s +Earn lending platform is the only platform that allows users to seamlessly encrypt their ERC-20 transactions with ZK-snarks, interact with aggregated governance, and much more. We&rsquo;re different from other yield aggregators because of the value we place on being privacy-focused and accessible to all with zero fees.
Adding to this, the power of all DeFi Lending Protocols are aggregated on a single platform which is multiplying the potential value a user can generate from their wallets. Imagine your single wallet having access to 5 lending protocols in one place, and you can choose with a click where you want to lend your crypto to get the best returns. +Earn is Maximum Returns with Maximum Privacy.
<blockquote>What crypto coins and tokens are supported by +Earn?</blockquote>
We currently support a mix of stablecoins and altcoins, including DAI, USDT, USDC, BUSD, MKR, ETH, and CRV.
<blockquote>What security audits have your lending aggregator been tested against?</blockquote>
We currently have audits from PeckShield on our lending aggregator. PeckShield is a leading auditing company with a special focus on Decentralised Finance Contracts. Since the release of our very first version of +Earn, they have been with us, which was then called &lsquo;Lend and Earn.
<blockquote>Can you dabble a bit more on the privacy features of your platform?</blockquote>
ADD&rsquo;s very own Blender is a form of ERC-20 privacy mixer. Users deposit ETH, DAI, or other enabled cryptocurrencies into the mixer contract and receive a unique secret key. Users can withdraw their deposited funds into a brand new address with no history of where those tokens came from with this key.
This is the ultimate privacy tool for users who wish to make sure their funds are safe and that external individuals cannot see their net wealth. On top of this, for the cherry on the cake, we plan to operate TOR on the privacy platform with our own exit node hosted off-shore, adding a coat of privacy to DeFi.
<blockquote>ADD.xyz is a multi-chain platform. Can you elaborate on the current chains being supported and others that are coming up in the future?</blockquote>
We are currently looking at BSC or Polygon for scaling benefits; this is not a priority because the competition of chains outside of ERC is still in its infancy stage. We&rsquo;d like to see how the developer teams behind other blockchains plan to build out their roadmaps over the next few years, which would help us identify which chains are serious about adoption and which are great short-term for economic benefits for the industry.
Of course, we are also preparing for ETH 2.0, which would at the earliest be launched in early 2022 or, worst case, late 2022. The benefits that Ethereum will see from these upgrades will be incredible and could negate beneficial relief of scaling, confirmation times &amp; gas costs that other blockchains have provided in the short term. This is why it&rsquo;s important to see what competitors outside of Ethereum will bring to the table after ETH 2.0
<blockquote>Tell us of the journey from a simple DeFi yield aggregator to what you call a &ldquo;Full Stack DeFi&rdquo;.</blockquote>
At ADD, it made sense for us to build a unique DeFi platform featuring multiple dApps as our lending platform was the anchor in which we were able to bring users to our platform and then offer other functionalities unseen anywhere else, this includes our unique zero-fee privacy mixer where users can encrypt and shield their transaction history, our aggregated governance product whereby users can vote on governance proposals for other DeFi companies all within our platform with a few clicks, and our widely anticipated mobile app which will aggregate all of our web platform products and features into a single app. With this vision at hand, calling ADD&rsquo;s platform a &ldquo;Full Stack Defi aggregator&rdquo; means that we will constantly evolve to include new DeFi functionalities and products, whether other developers or we build them in the space. The beauty of interoperability and layers is that DeFi is beneficial for all.
<blockquote>There are some interesting dApps already live on ADD.xyz, such as the Africa Mobile Lending. How do mobile credits fit in the DeFi environment?</blockquote>
Africa DeFi mobile lending is something that has never been done before. We plan to allow citizens in African countries to send ADD their mobile money credits. We use this as collateral and assign these users DeFi APY, which we have already pre-deposited. It&rsquo;s a revolutionary new way of simplifying and revolutionizing DeFi so that tens of millions more can start to interact with Decentralised Finance. By making DeFi more accessible so that it&rsquo;s not only used by the techno-financier elite, we will start to see more products like DeFi mobile money venture out into the world outside of Crypto.
<blockquote>Any upcoming products that we should be excited about?</blockquote>
We are finalizing our Africa DeFi Mobile Money disbursement process, after which we will announce a further roadmap for the soft launch within specific countries on the continent. Furthermore, our mobile application is a few months away from being finished.
<blockquote>What are your long term plans and where do you see ADD.xyz in the next 5 years?</blockquote>
Our long-term plans are to build DeFi out into spaces where other companies have no presence; this includes continents outside of Europe where trading volumes for Bitcoin already rival the US &amp; China. There are real political, economic, and social push and pull factors to use DeFi and Crypto in such a more meaningful way outside of price speculation and monetary gain.
These strong use cases will be the determinant factor in DeFi and blockchain growing beyond its current use, as explained before. ADD plans to be at the center of these transactions. Allowing millions to use our web platform or mobile app, interacting with the biggest, most exciting DeFi protocols and functionalities all in a single place. With the advent of ETH 2.0, our smart wallet will allow users to move tokens and assets across all products seamlessly.
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Interview With The Founder Of ADD.xyz And Its DeFi Lending Via +Earn

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Rumors

Hearing Morgan Stanley Says DraftKings Bulls And Bears Split On Sentiment Following Rumor Of Partnership With Sports Betting Technology Provider, SBTech

WIIM

ELOX

Eloxx Pharmaceuticals shares are trading higher after Roche Finance Ltd late Monday disclosed a 5.3% passive stake in the company.

On May 5, 2021, Aarons (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAN#NYSE">AAN</a>) declared a dividend payable on July 6, 2021 to its shareholders. Aarons also announced that shareholders on the company's books on or before June 17, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Aarons is set for June 16, 2021. The company's current dividend payout sits at $0.1, equating to a dividend yield of 1.3% at current price levels. 
<h2>What Are Ex-Dividend Dates?</h2>
Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis. 
<h2>Understanding Aarons's Dividend History</h2>
Over the past year, Aarons has seen its dividend payouts and yields climb upward overall. Last year (June 17, 2020), the company's payout sat at $0.04, which has since increased by $0.06. Aarons's dividend yield last year was 0.49%, which has since grown by 0.81%. 
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. 
To read more news on Aarons <a href="https://www.benzinga.com/stock/aan/">click here</a>.

Dividends

Ex-Dividend Date Insight: Aarons

On May 27, 2021, Meridian Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBSB#NASDAQ">EBSB</a>) announced shareholders can expect to receive a dividend payable on July 1, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Meridian Bancorp will be on June 16, 2021. The company's current dividend payout is at $0.1. That equates to a dividend yield of 1.87% at current price levels. 
<h2>What Are Ex-Dividend Dates?</h2>
An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis. 
<h2>Understanding Meridian Bancorp's Dividend Performance</h2>
Over the past year, Meridian Bancorp has seen its dividend payouts climb upward and its yields trend downward. Last year on June 17, 2020 the company's payout sat at $0.08, which has since increased by $0.02. Meridian Bancorp's dividend yield last year was 2.65%, which has since decreased by 0.78%. 
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. 
To read more news on Meridian Bancorp <a href="https://www.benzinga.com/stock/ebsb/">click here</a>.

EBSB

Analyzing Meridian Bancorp's Ex-Dividend Date

On May 20, 2021, Apollo Investment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AINV#NASDAQ">AINV</a>) announced shareholders can expect to receive a dividend payable on July 7, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Apollo Investment will be on June 16, 2021. The company's current dividend payout is at $0.31. That equates to a dividend yield of 8.5% at current price levels. 
<h2>Understanding Ex-Dividend Dates'</h2>
Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis. 
<h2>Understanding Apollo Investment's Dividend Payouts And Yields</h2>
Over the past year, Apollo Investment has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on December 18, 2020 the company's payout was $0.31, which has returned to its value today. Apollo Investment's dividend yield last year was 15.6%, which has since decreased by 7.1%. 
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. 
<a href="https://www.benzinga.com/stock/ainv/dividends">Click here</a> to find details on Apollo Investment's previous dividends.

AINV

Understanding Apollo Investment's Ex-Dividend Date

DraftKings Shares Tick Slightly Higher; Hearing Credit Suisse Defending Stock

On May 19, 2021, First Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THFF#NASDAQ">THFF</a>) declared a dividend payable on July 1, 2021 to its shareholders. First Financial also announced that shareholders on the company's books on or before June 17, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. First Financial has an ex-dividend date planned for June 16, 2021. The company's current dividend payout sits at $0.53. That equates to a dividend yield of 2.37% at current price levels. 
<h2>The Significance Of An Ex-Dividend Date</h2>
Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis. 
<h2>Understanding First Financial's Dividend Payouts And Yields</h2>
Over the past year, First Financial has seen its dividend payouts climb upward and its yields trend downward. Last year on June 14, 2019 the company's payout sat at $0.52, which has since increased by $0.01. First Financial's dividend yield last year was 3.0%, which has since decreased by 0.63%. 
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. 
To read more about First Financial <a href="https://www.benzinga.com/stock/thff/">click here</a>.

THFF

Ex-Dividend Date Insight: First Financial

ALFI Shares Halted On Circuit Breaker To Upside; Up 95%

On May 7, 2021, Verso (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRS#NYSE">VRS</a>) announced shareholders can expect to receive a dividend payable on June 29, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Verso, which has a current dividend per share of $0.1, has an ex-dividend date scheduled for June 16, 2021. That equates to a dividend yield of 2.36% at current price levels. 
<h2>What Is An Ex-Dividend Date?</h2>
Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis. 
<h2>Verso's Dividend History</h2>
Over the past year, Verso has experienced an overall downward trend regarding its dividend payouts and yields. Last year on September 17, 2020 the company's payout was $3.0, which has since decreased by $2.9. Similarly, Verso's dividend yield last year was 98.12%, which has since declined by 95.76%. 
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. 
To read more about Verso <a href="https://www.benzinga.com/stock/vrs/">click here</a>.

Understanding Verso's Ex-Dividend Date

On June 2, 2021, PennantPark Floating Rate (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFLT#NASDAQ">PFLT</a>) declared a dividend payable on July 1, 2021 to its shareholders. PennantPark Floating Rate also announced that shareholders on the company's books on or before June 17, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. PennantPark Floating Rate, whose current dividend payout is $0.1, has an ex-dividend date set at June 16, 2021. The payout equates to a dividend yield of 9.01% at current price levels. 
<h2>Understanding Ex-Dividend Dates'</h2>
Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis. 
<h2>PennantPark Floating Rate's Dividend Performance</h2>
Over the past year, PennantPark Floating Rate has seen its dividend payouts remain the same and its yields trend downward. Last year on February 11, 2021 the company's payout sat at $0.1, which has returned to its value today. PennantPark Floating Rate's dividend yield last year was 10.29%, which has since decreased by 1.28%. 
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. 
To read more news on PennantPark Floating Rate <a href="https://www.benzinga.com/stock/pflt/">click here</a>.

PFLT

Understanding PennantPark Floating Rate's Ex-Dividend Date

Pennant Park Investment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNNT#NASDAQ">PNNT</a>) declared a dividend payable on July 1, 2021 to its shareholders as of June 2, 2021. It was also announced that shareholders of Pennant Park Investment's stock as of June 17, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Pennant Park Investment, whose current dividend payout is $0.12, has an ex-dividend date set at June 16, 2021. The payout equates to a dividend yield of 7.03% at current price levels. 
<h2>The Significance Of Ex-Dividend Dates</h2>
Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis. 
<h2>Pennant Park Investment's Dividend Performance</h2>
Over the past year, Pennant Park Investment has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on June 16, 2020 the company's payout was $0.12, which has returned to its value today. Pennant Park Investment's dividend yield last year was 14.16%, which has since decreased by 7.13%. 
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. 
<a href="https://www.benzinga.com/stock/pnnt/dividends">Click here</a> to find details on Pennant Park Investment's previous dividends.

PNNT

Analyzing Pennant Park Investment's Ex-Dividend Date

On April 27, 2021, Horizon Tech Finance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HRZN#NASDAQ">HRZN</a>) announced shareholders can expect to receive a dividend payable on August 16, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Horizon Tech Finance, which has a current dividend per share of $0.1, has an ex-dividend date scheduled for July 19, 2021. That equates to a dividend yield of 7.53% at current price levels. 
<h2>The Significance Of Ex-Dividend Dates</h2>
An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis. 
<h2>Horizon Tech Finance's Dividend Payouts And Yields</h2>
Over the past year, Horizon Tech Finance has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on April 19, 2021 the company's payout was $0.1, which has returned to its value today. Horizon Tech Finance's dividend yield last year was 8.29%, which has since decreased by 0.76%. 
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. 
To read more about Horizon Tech Finance <a href="https://www.benzinga.com/stock/hrzn/">click here</a>.

HRZN

Ex-Dividend Date Insight: Horizon Tech Finance

<h1>Apollo Tactical Income Fund Inc. Declares Special Year-End Distribution of $0.102 Per Share</h1>

NEW YORK, Dec. 21, 2020 (GLOBE NEWSWIRE) -- (NYSE:<a class="ticker" href="/stock/AIF#NYSE">AIF</a>) - Apollo Tactical Income Fund Inc. (the &quot;Fund&quot;) today announced the declaration of a special year-end distribution of&nbsp;$0.102&nbsp;per common share, payable on the date noted below. 
&nbsp;

The following dates apply to the declared distribution:

Ex-Date: December 30, 2020 
 
Record Date: December 31, 2020 
 
Payment Date: January 14, 2021 
 
Per Share Amount:&nbsp;$0.102

As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be sent to shareholders at the time of payment if the distribution does not consist solely of net investment income. At present, it is estimated that the Fund&#39;s special year-end distribution will be paid entirely from net investment income.

Neither this announcement nor any notice accompanying the distribution should be used to prepare tax returns as the estimates indicated in the notice may differ from the ultimate federal income tax characterization of distributions. The amounts and sources of the distribution provided in this announcement are only estimates and are not being provided for tax reporting purposes. After the end of the calendar year, investors will be sent a Form 1099-DIV which will state for Federal income tax purposes the amount and composition of distributions with respect to their appropriate tax treatment for the 2020 calendar year. 
 
 
 
Apollo Contact Information:

Product Literature 
 
877-864-4834

Investors 
 
Taylor Reinhardt 
 
Investor Relations Director 
 
Apollo Global Management, Inc. 
 
917-472-4030 
 
<a href="mailto:treinhardt@apollo.com">treinhardt@apollo.com</a>

Forward-Looking Statements

This press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases. These statements include, but are not limited to, discussions related to the Fund&#39;s expectations regarding the performance of its business, its liquidity and capital resources and the other non-historical statements in the discussion and analysis. These forward-looking statements are based on management&#39;s beliefs, as well as assumptions made by, and information currently available to, management. When used in this release, the words &quot;believe,&quot; &quot;anticipate,&quot; &quot;estimate,&quot; &quot;expect,&quot; &quot;intend&quot; and similar expressions are intended to identify forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. These statements are subject to certain risks, uncertainties and assumptions, including risks relating to the Fund&#39;s dependence on certain key personnel, market conditions generally, changes in the regulatory environment, the variability of Fund revenue, net income and cash flow, the Fund&#39;s use of leverage and other risks.

&nbsp;

<img src="https://www.globenewswire.com/newsroom/ti?nf=ODExNjA0OSMzODkyMDM2IzIxMjUyMTA=" style="height:1px; width:1px" /> 
&nbsp;

<a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/849f27df-fe9a-4b5e-b1a5-6bfb4b767ef9"><img alt="Primary Logo" src="https://ml.globenewswire.com/media/849f27df-fe9a-4b5e-b1a5-6bfb4b767ef9/small/apollo-jpg.jpg" style="height:34px; width:150px" /></a>

Apollo Tactical Income Fund Declares Special Year-End Distribution Of $0.102 Per Share

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On April 9, 2021, Apollo Tactical Income (NYSE:<a class="ticker" href="/stock/AIF#NYSE">AIF</a>) declared a dividend payable on April 30, 2021 to its shareholders. Apollo Tactical Income also announced that shareholders on the company&#39;s books on or before April 19, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Apollo Tactical Income, whose current dividend payout is $0.08, has an ex-dividend date set at April 16, 2021. The payout equates to a dividend yield of 6.15% at current price levels.

<h2>What Are Ex-Dividend Dates?</h2>

Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company&#39;s ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

<h2>Understanding Apollo Tactical Income&#39;s Dividend History</h2>

Over the past year, Apollo Tactical Income has experienced an overall downward trend regarding its dividend payouts and yields. Last year on December 30, 2020 the company&#39;s payout was $0.1, which has since decreased by $0.02. Similarly, Apollo Tactical Income&#39;s dividend yield last year was 8.57%, which has since declined by 2.42%. 
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

To read more about Apollo Tactical Income <a href="https://www.benzinga.com/stock/aif/">click here</a>.

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