PhenixFIN Corporation (PFX)

[eastunder]

These Income Stocks Are More Than Just Dividend Giants


http://beta.fool.com/valuewalk/2013/04/05/these-income-stocks-are-more-than-just-dividend-gi/29300/

Medley best in breed?

Medley Capital lends directly to privately held middle market companies. As the economic situation improved in the U.S., last year was truly rewarding for investors in this investment company. This is not only a dividend champion, with nearly double digit annual yield but has also rewarded investors with nearly 47 percent in capital appreciation.

During the last year, Medley Capital’s net investment income doubled to $9.6 million leading to an increase in dividends. Despite the sharp run up in the stock in 2012, it trades at a historic price earnings ratio of 10.7 which reduces to 9.5 on a forward basis. Compared to its peers, the company is geared less with debt which is another positive. It is no wonder then that UBS has a buy rating on the stock with a price target of $17.5, indicating an upside of 18.5 percent.