Business Context and Reporting Period
This Form 8-K was filed by Apollo Investment Corporation (not Midcap Financial Investment Corp) on June 16, 2005. The registrant is a closed-end investment company operating as a business development company under the Investment Company Act of 1940. Its portfolio focuses on middle-market private companies, primarily through mezzanine and senior secured loans, with occasional equity investments.
Key Financial Metrics
The filing announces a first fiscal quarter dividend of $0.31 per share. The dividend includes a portion of gains realized during the quarter. The filing text does not provide specific values for revenue, net profit, cash flow, margins, debt levels, or liquidity ratios.
Material Changes
The primary material event is the declaration of the first fiscal quarter dividend. No comparative financial data or material changes in operating metrics versus prior periods are provided in this specific filing.
Guidance, Outlook, and Risks
The filing contains standard forward-looking statements, noting that actual results may differ materially due to various risks and uncertainties. The company undertakes no duty to update these statements. Specific tax characteristics of the dividend will be reported to shareholders on Form 1099 after the end of the year. No specific guidance on future earnings or investment outlook is provided beyond the general business plan description.
Important Facts for Investors to Verify
- Dividend amount: $0.31 per share for the first fiscal quarter.
- Payment date: June 30, 2005.
- Record date: June 23, 2005.
- Ex-dividend date: June 21, 2005.
- Dividend composition: Includes a portion of realized gains.
- Tax reporting: Specific tax characteristics will be detailed on Form 1099 post-year-end.