Thursday, March 28, 2013


                                                     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%.

Chart forApollo Investment Corporation (AINV)
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. 

Please do me a favor. I want to improve the quality of this blog (it is the first one I have ever written). Could you please leave a comment about the blog, so that I can improve it. Just click on the "comment" link below and a box will pop up  where you can write your comments. thank you so much. Richard

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