Business Context and Reporting Period
This Form 8-K was filed by Apollo Investment Corporation (Nasdaq: AINV) on September 10, 2004. The registrant is a closed-end investment company operating as a business development company under the Investment Company Act of 1940. Its portfolio focuses principally on middle-market private companies, primarily through senior secured and mezzanine loans, with potential equity investments. The company is managed by Apollo Investment Management, L.P.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial figure disclosed is the declaration of a cash dividend.
- Dividend Declaration: $0.045 per share for the second fiscal quarter.
- Payment Date: September 30, 2004.
- Record Date: September 23, 2004.
- Ex-Dividend Date: September 21, 2004.
Material Changes
The filing does not report material changes in financial performance, asset composition, or operational status compared to prior periods. The primary event reported is the Board of Directors' declaration of the quarterly cash dividend.
Guidance, Outlook, and Risks
The document contains standard forward-looking statements regarding future performance, noting that actual results may differ materially due to various risks and uncertainties. The company explicitly states it undertakes no duty to update these statements. No specific guidance on future earnings, investment targets, or market outlook is provided in this report.
Investor Verification Checklist
- Verify the ex-dividend date (September 21, 2004) to confirm eligibility for the $0.045 per share payment.
- Review the upcoming Form 1099 for the tax characterization of the dividend (e.g., ordinary income vs. return of capital).
- Consult the company's most recent Form 10-Q or 10-K for detailed portfolio performance, liquidity, and leverage ratios not included in this 8-K.
- Confirm the current status of the company's investment strategy regarding senior secured and mezzanine loans in the middle-market sector.