AINV - AINV STOCK NEWS

Apollo Investment Corporation (NASDAQ: AINV) announced its fiscal Q1 2023 results with a net investment income of $0.37 per share, down from $0.42 in Q1 2022. The net asset value per share decreased to $15.52 from $15.79. The company reported new investment commitments of $195 million and gross fundings of $227 million. A new fee structure will be implemented in 2023. The quarterly distribution was raised to $0.32 per share, payable on October 11, 2022. Notably, a $30 million equity investment from MidCap Financial was announced, as well as the company’s name change to MidCap Financial Investment Corporation.

Apollo Investment Corporation (NASDAQ: AINV) has announced a rescheduled release date for its quarterly results, now set for August 2, 2022, before market open. The original schedule had the announcement occurring post-market on August 4, 2022. A conference call will take place at 8:00 a.m. ET on the same day, with updated dial-in numbers. This change in scheduling is important for investors looking to assess the company's performance for the quarter ended June 30, 2022.

Apollo Investment Corporation (NASDAQ: AINV) announced it will report its fiscal Q1 2023 results on August 4, 2022, after market close. A conference call is scheduled for the same day at 5:00 p.m. ET, inviting interested parties to join by phone or via a webcast. Apollo Investment Corporation primarily invests in various debt forms and equity in middle-market companies, aiming to provide financing solutions to those without access to traditional credit. The announcement emphasizes the company's investment strategies and operational updates.

Apollo Investment Corporation (NASDAQ: AINV) reported its fiscal Q4 2022 results, with net investment income per share increasing to $0.42 from $0.35 year-over-year. However, net asset value per share fell to $15.79, a 1.8% decline compared to December 31, 2021. The company declared a base distribution of $0.31 and a supplemental distribution of $0.05, both payable on July 7, 2022. New investment commitments totaled $116 million, while gross fundings reached $220 million, with exits totaling $274 million.

Apollo Investment Corporation (NASDAQ: AINV) announced it will report its results for the quarter and fiscal year ended March 31, 2022, on May 19, 2022, after market close. A conference call is scheduled for May 20, 2022, at 8:00 a.m. ET, inviting all interested parties to participate. The company primarily invests in debt and equity of private middle-market companies, seeking to provide financing solutions for those without access to traditional credit.

Rand Capital Corporation (Nasdaq: RAND) reported a 31% increase in total investment income, achieving $4.1 million for 2021. The fourth quarter saw income rise by 17% to $1.2 million. Net asset value per share rose to $23.54, up 32% year-over-year. In 2021, they declared total dividends of $0.44 per share and announced a 50% increase in the first quarter 2022 dividend to $0.15 per share. Total investments for the year reached $19.7 million. Rand repaid $11 million in SBA obligations in Q4, enhancing financial flexibility.

Apollo Investment Corporation (NASDAQ: AINV) announced its President and Chief Investment Officer, Tanner Powell, will join a virtual panel at the 2022 RBC Capital Markets Financial Institutions Conference on March 8, 2022, at 2:00 PM ET. A live webcast will be accessible through the Company’s website, and a replay will be available shortly after. Apollo Investment Corporation primarily invests in various debt investments, providing financing solutions for private middle-market companies.

Apollo Investment reported a net investment income per share of $0.35 for the fiscal third quarter, up from $0.33 a year earlier. The company’s net asset value (NAV) increased to $16.08 per share. New investment commitments reached $271 million while gross fundings were $335 million. The company also declared a total dividend of $0.36 per share. Notably, they repurchased 954,806 shares at an average price of $12.99, highlighting their strategy to enhance shareholder value. A new $25 million share repurchase authorization was approved.

Apollo Investment Corporation (NASDAQ: AINV) will report its financial results for the quarter ending December 31, 2021, on February 3, 2022, after the market closes. A conference call for investors will be held on the same day at 5:00 p.m. ET, with details for participation provided. The company specializes in debt investments primarily targeting private middle-market firms. Investors are advised that the upcoming financial results may contain forward-looking statements regarding future performance and investment activities.