Business Context and Reporting Period
This Form 8-K was filed by Apollo Investment Corporation (not Midcap Financial Investment Corp) on September 7, 2006. 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 loans, senior secured loans, and 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 quarterly dividend.
- Dividend Declared: $0.47 per share for the second fiscal quarter.
- Payment Date: September 28, 2006.
- Record Date: September 21, 2006.
- Ex-Dividend Date: September 19, 2006.
Material Changes
The filing does not report material changes in financial performance, portfolio composition, or operational status compared to prior periods. The primary event is the Board of Directors' declaration of the quarterly dividend.
Guidance, Outlook, and Risks
The document contains standard forward-looking statements warning that actual results may differ materially from expectations due to various risks and uncertainties. It explicitly states the company undertakes no duty to update these statements. No specific guidance on future earnings or portfolio performance is provided in this text.
Investor Verification Checklist
- Verify the correct registrant name is Apollo Investment Corporation (NASDAQ: AINV), as the metadata reference to "Midcap Financial Investment Corp" appears to be an error.
- Confirm the dividend payment date of September 28, 2006, and the ex-dividend date of September 19, 2006, for trading purposes.
- Review subsequent Form 1099 filings for the specific tax characteristics of the dividend distribution.
- Check the company's most recent 10-Q or 10-K for detailed portfolio performance and liquidity metrics not included in this 8-K.