This company is a promising BDC to hold during a rising rate environment. Strong focus on floating-rate debt could help it outperform as the Fed continues to hike interest rates in 2018. The BDC overearns its dividend with net investment income, meaning there are limited risks of a dividend cut over the short haul. Its shares sell for a discount to NAV. An investment in the stock yields 10.38 percent.
Apollo Investment Corporation (NASDAQ:AINV) is a promising BDC income play for income investors seeking high recurring dividend income. The business development company has positive interest rate sensitivity which sets Apollo up for income gains during the current rate hiking cycle. Apollo Investment Corporation has good dividend coverage, and shares sell for a reasonable NII multiple. An investment in Apollo at today's price point comes with a dividend yield in excess of 10 percent.
Source: Seeking Alpha
Related Articles:
- Are The Dividends Safe For These High-Yielding Stocks?
- Who Owns The Top Dividend Stocks?
- Wealth is a Journey, Dividend Stocks Can Take You There
- 3 Higher-Quality, High-Yield Dividend Stocks
- 10 Stocks With Sustainable Dividend Growth
High-Yield BDC Pays 10.4%, Covered Dividend, Discount From Book, Upside
Posted by D4L | Monday, February 12, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those...
-
Owning dividend stocks can be a great way to both generate cash flow and beat the market long term. And if you can find stocks that are over...
-
Long-time readers know I’m a big fan of the insurance industry because of one quirk in their business model. Customers always pay premiums u...
-
I wanted to find an ideal list of stocks with high dividend yields. The stocks would have to be cheap as well. And the dividends would have ...
-
“Cheap” stocks aren’t necessarily the best cheap stocks to buy. And dividend stocks, even those with a high payout, aren’t necessarily safe....
-
Investors tend to gravitate to dividend stocks, particularly when those equities increase their payout on an annual basis. When these types ...
-
The markets have been doing very well over the past several weeks, and finding some good bargains has been a bit challenging of late. Howeve...
-
These dividend stocks tick both boxes: a very high yield and a bullish outlook from the Street. This is pretty crucial as not all dividend s...
-
This company's management has raised the quarterly distribution 71 straight quarters, 22 straight years - it will be a Dividend Aristocr...
-
We routinely cover earnings reports at The REIT Forum. Staying on top of new developments is one of the reasons we are able to find such att...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.