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stil370 (77.99)

Apollo Investment Corp-Big Dividends



March 28, 2013 – Comments (1) | RELATED TICKERS: AINV

                                                        DIVIDENDS BUILD WEALTH      

   For all of you dividend/income investors out there, Apollo Investment Corp. (AINV) should be  a       serious consideration.  It is paying 9.4% and has the potential for significant stock appreciation.  Apollo is a business development company. To keep it simple, they lend and/or invest money to small and mid-sized businesses. Over the past 12 months, if you were to include their dividend of 9.4%, the return on investment is approximately 35%.

                                                      One Year Chart vs Nasdaq



Here are some things to think about:

1. The dividend is currently 9.4%.

1a. This second reason is just as important as the first. They have a dividend growth rate (annualized) of about 20% since issuing their first one in 2004.  Back then they paid a dividend of .045, today it is 20 cents/share. Between their first dividend payment and today, there have been 35 dividend payments.

2. Company’s price-to-book is 1.03

3. Its P/E is also very low, about 10.

Tomorrow, I will give you some more compelling reasons to take a look at AINV.



1 Comments – Post Your Own

#1) On March 29, 2013 at 12:30 AM, awallejr (35.47) wrote:

I am a buyer.  I thought WFC's downgrade of the entire BDC sector was flat out stupid.  Yes you read right, flat out stupid.  Whether there is an ulterior motive is beyond me but the bottom line revolves around Dodd-Frank.  Guess what, WFC earnings will be hurt by that act.  Guess what BDCs won't.

To suggest that BDCs run risks NOW is silly.  They ALWAYS ran risks.  But they can expand while WFC and the other major banks CAN'T.  

Since I have an excellent prediction rate, free of charge, act on my advice accordingly.

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