AINV News and Press, Apollo Investment Corporation From 02/04/21

Fiscal Third Quarter and Other Recent Highlights: Net investment income per share for the quarter was $0.43 compared to $0.43 for the quarter ended September 30, 2020 Net asset value per share as of the end of the quarter was $15.59 compared to $15.44 as of Septemb...

When the pandemic hit last year this higher yield sector took a huge pricing hit with dividend yields soaring to 30% to 40%. The average dividend yield among Business Development Companies ("BDCs") was around 20% for most of March 2020. I was actively making purchases during this ...

As predicted, IVR issues new shares. You can’t be surprised, we told you on 1/26/2021 that IVR should be looking to issue shares. Shares of IVR just closed at $4.01, which is about equal to management’s stated BV range for 1/31/2021 of $4.00 to $4.10. We remain beari...

Today we're focusing in on preferred share opportunities. Specifically, we like CMO-E, CIM-A, TWO-D, and TWO-E among the fixed-rate opportunities. Each offers a solid yield and still has a modest discount to call value. In this series, we’re providing readers with discounts...

Some mortgage REITs are trading at significant premiums to book value per share. When that happens, issuing new shares is wise. One mortgage REIT already took advantage of favorable pricing to issue new shares. That’s intelligent and expected. IVR and MITT should be looking...

There are a few mistakes we’ve seen in analyzing mortgage REITs. These can stem from misconceptions about how they work. Investors who understand mortgage REITs better are putting themselves in a better position for investing. In this series, we’re providing readers ...

On January 13, 2021, ARCC closed an offering of $650 million of its 2.150% unsecured notes. Included in the SEC filings related to the offering were Q4 2020 preliminary results. This article discusses the details included in the SEC filings as well as portfolio credit quality and rece...

Stocks finished the year strongly with cyclicals and energy stocks rallying strongly. I am continuing my monthly investment plans and suspiciously follow the massive rally in technology stocks as well as the vaccine-driven rebound in value stocks. My dividend income amounted to $3...

Part 2 of this article compares ARCC’s recent dividend per share rates, yield percentages, and several other highly unique (and useful) dividend sustainability metrics to 14 BDC peers. This includes a comparative analysis of ARCC’s cumulative undistributed taxable income...

NEW YORK, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ: AINV) (the “Company”) announced today that it will report results for the quarter ended December 31, 2020, after market close on Thursday, February 4, 2021. The Company will also host a co...