Wednesday, August 7, 2013

Apollo Investment Corporation (Nasdaq: AINV), Where the Smartest on Wall Street Make Their Money

Did you know there are companies that must pay out 90% of their earnings to shareholders?

They have to. By law. They can’t skimp out.

Not only that, they’ll pay you a high yield dividend. Much higher than dividend stocks or corporate bonds.

They’re not Canadian investment trusts or some exotically structured partnership where you have to worry about your money.

And get this. They’re part of private equity companies. Whether you like private equity or not, it’s where the smartest on Wall Street make their money.  (more)

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