Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

Apollo Investment Corp: Where's The Fire?

Once in a while I come across a stock that reminds me of a quote from a movie. In the case of Apollo Investment Corp (NASDAQ:AINV), I'm reminded of Michael Corleone in Godfather II when he tells his disappointing brother 'You broke my heart!' Maybe that's because my husband decided we should spend Saturday in a Godfather movie marathon, or maybe it's because the stock has gone nowhere for the last few years despite a huge move in the market.

Either way, what makes the situation a little different and more interesting is the massive 9% dividend that AINV pays out.

So what happened? Why is this small cap financial stock paying out this huge yield, yet no...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details