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Citi sees a possible volatility of Apollo Investment Corporation's (NASDAQ: AINV) earnings and rates stock as a hold. They maintained their price target on AINV at $11. Citi wants to stay on the sidelines because they need more signs of credit and the economic recovery, but they think that AINV's dividend yield of 12% is attractive.
AINV fell 0.77% today and closed at $9.03. it had a volume of $1.42M.
Those that have read this space for any period of time are well aware of my enthusiasm for using dividend growth stocks as a vehicle for building long-term wealth and income.[More...]
Private equity funds are much maligned for being inaccessible and merely being a vehicle for the rich to get richer. Well, if you can’t beat them, join them! A little known asset class made a few headlines in recent days when two participants – Ares Capital Corp. and Apollo Investment Corp. – filed public offerings to raise capital. These two companies are a subset of a little known asset class which was created to provide small investors access to private equity investments while also providing more capital to help small and middle market companies grow. These companies are known as Business Development Companies (BDC) and, when publicly listed, are roughly[More...]
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Two more dividend aristocrats raised their distributions last week, bringing the total number of raisers in the elite index to 30. This is quite impressive, given the fact that there are almost 5 more[More...]
I have some particularly interesting investments for you to consider for your portfolio. Nowhere else are you going to find such an eclectic selection of both debt and equity securities.[More...]
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