This company's shares sell for a wide discount to NAV after the 2018 sell-off in high-yield. The company has a fairly diversified investment portfolio that consists largely of secured debt. It increased its exposure to variable-rate debt in the last several quarters. I don't expect a dividend cut over the short haul. An investment in the stock yields 11.5 percent.
Apollo Investment Corporation (AINV) is a promising "Buy" on the drop. The business development sells for an attractive discount to net asset value, and it covers its dividend with net investment income. Though the BDC's eleven percent dividend comes with certain risks, I believe the combination of high, recurring dividend income and a low P/NAV-ratio make Apollo Investment Corporation a "Buy" at today's price point. An investment in AINV comes with a dividend yield of 11.5 percent.
Source: Seeking Alpha
Related Articles:
- 7 Stocks With A Vision Of Higher Dividends
- 6 Higher-Yielding Consumer Stocks With A History of Rising Dividends
- Are Defense Stocks Good Defensive Stocks?
- 10 Stocks That Have Paid Uninterrupted Dividends Since 1895
- Who is David Dodd and Why Should We Listen to Him
Is Now A Good Time To Buy This 11.5% Yielding BDC?
Posted by D4L | Tuesday, April 24, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
In an attempt to put a lid on inflation, the Federal Reserve has stated that it intends to raise its benchmark federal-funds rate by 0.25% a...
-
If you have contemplated selling shares of some of the companies you own this year, you likely aren't alone. Considering how volatile th...
-
Readers may want to do a stock valuation on the stocks in their favorite sectors and wait patiently until they become cheap. Patience is a v...
-
Dividend growth stocks are among our favorite investment groups because you get so much bang for your buck. Not only do the companies pay di...
-
Dividend utility stocks might seem bad for your portfolio during high inflation and rising interest rates. However, the sector has done well...
-
Companies that have either been through past downturns or have the pricing power to offset the costs of inflation provide a crucial element ...
-
Dividend reinvestment plans, or DRIPs, can be effective ways to accumulate shares of high-quality companies for those with limited capital t...
-
We picked up two investments that carry excellent yields combined with some healthy upside in the share price. We also dropped one of our po...
-
If you're wishing you had a little more exposure to income investments right now and a little less exposure to growth, you're not al...
-
Do you have the stomach for contrarian investing - betting against the crowd? Sometimes that's necessary in order to find value. Why buy...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.