Shareholder Friendly American Capital Limited and Apollo Invest Gain Attention in Hectic Market
The Paragon Report Provides Equity Research on American Capital Limited & Apollo Investment
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/11/11 -- With the markets exceptionally volatile, investors are looking for safe havens plays. Business Development Companies (BDC) are well known for their generous shareholder return -- either via dividend payments or share repurchase. Share repurchases have gained popularity among companies because there's a total flexibility with them, whereas dividend payments require a commitment. When a company is forced to cut or suspend its dividend payment, shareholders are extremely likely to express their discontent. The Paragon Report examines the outlook for companies in the Business Development Company (BDC) Industry and provides stock analysis on American Capital Ltd. (NASDAQ: ACAS) and Apollo Investment Corporation (NASDAQ: AINV). Access to the full company reports can be found at:
In September American Capital Limited announced the buyback of its $75 million common stock in open market since early August. Common stock of 9.1 million shares has been repurchased at an average price of $8.21 per share. American Capital foresees additional stock purchases or dividend payments by the end of December 2012 and announced the program for the same.
According to the company's plan, if the price of American Capital's common stock trade at a premium to the net asset value of shares, then the company will opt for dividend payments.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the BDC industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Several BDCs pay sizable dividends. BDCs are usually taxed as regulated investment companies (RIC) under the Internal Revenue Code. As a pass-through tax structure, RICs must distribute at least 90 percent of taxable income as dividends to shareholders.
Apollo Investment Corporation is a closed-end, externally managed, non-diversified management investment company. The company's investment portfolio is principally in middle-market private companies. From time to time, however, the company may also invest in public companies. Presently Apollo Investment pays an annual dividend of $1.12 a share for a yield of around 15 percent.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 11.10.2011 - 06:16 Uhr
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