Ares Capital

Ares Capital Corp. is a closed-end, non-diversified management investment company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company was founded on April 1, 2004 and is headquartered in New York, NY.

Earnings data Q1 2021

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Ares Capital reports robust Q2 earnings, poised for growth

Ares Capital's Q2 2024 earnings call highlighted strong financial performance, robust deal flow, and a commitment to shareholder returns through dividends. The company's proactive approach to accessing funding markets and maintaining a strong credit profile positions it well for future opportunities and growth.

Ares Capital reports record earnings and growth amidst market challenges

Ares Capital delivered strong financial performance in Q3 2024, with robust core earnings and record NAV per share. Despite facing potential challenges in market dynamics, the company remains well-positioned for growth and success.

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We take a look at the action in business development companies through the fourth week of February and highlight some of the key themes we are watching. BDCs were slightly up on the week, with earnings releases driving movement. The BDC sector has seen a steady drop in leverage over the past year.

BDC Weekly Review: BDCs Continue To Shed Leverage

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We are growing increasingly bearish on the BDC sector and have been reducing our exposure accordingly. We detail three reasons why. We also share where we are allocating our capital to instead.

An Important Warning For BDC Investors

NEW YORK, NY / ACCESSWIRE / February 27, 2024 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that Kort Schnabel, Ares Capital's Co-President, and Scott Lem, Ares Capital's Chief Financial Officer, are scheduled to present at the Raymond James 45th Annual Institutional Investors Conference on Tuesday, March 5, 2024 at 8:05am ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.arescapitalcorp.com.

Ares Capital Corporation to Present at the Raymond James 45th Annual Institutional Investors Conference

NEW YORK, NY / ACCESSWIRE / February 27, 2024 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that Kort Schnabel, Ares Capital's Co-President, is scheduled to present at the RBCCM Global Financial Institutions Conference on Wednesday, March 6, 2024 at 2:40pm ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.arescapitalcorp.com.

Ares Capital Corporation to Present at the 2024 RBCCM Global Financial Institutions Conference

Ares Capital Corporation (ARCC) Management Presents at UBS Financial Services Conference (Transcript)

Hercules Technology is a consistently high-performing BDC stock with a 10.3% yield. Horizon Technology operates across a variety of high-growth industries and is a proven multibagger over a long-term horizon.

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Ares Capital offers not only an ultra-high dividend yield but also a good dividend track record. The company's business model and risk management approach have helped it deliver solid earnings growth.

7 Reasons Buying This 9.5%-Yielding Dividend Stock Could Be a Brilliant Move

British American Tobacco's cigarette sales are under pressure, but new, non-combustible products are flying off store shelves. Altria Group is another high-yield tobacco stock with a bottom line that keeps marching higher despite declining sales of its best-known products.

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Ares Capital offers an ultra-high dividend yield and a great track record of beating the market. Enterprise Products Partners is attractively valued with a stable business model.

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Ares Capital reported a strong 3.9% total NAV return and a rise in core earnings in its latest quarterly results.

ARCC: Growth Across Net Income And NAV In A Strong Q4

Ares Capital faces potential increases in non-accruals due to struggling portfolio companies and the impact of interest rate cuts. The percentage of ARCC's portfolio graded at risk level 2 has remained constant, but the percentage graded at risk level 4 has declined. Non-accruals have remained relatively low, but there are early signs of a potential increase in non-accruals in the future. ARCC's dividend remains well-covered by NII, but there are concerns about potential NII declines in a lower interest rate environment.

Ares Capital: Monitoring Portfolio Risks Closely

Ares Capital (ARCC) Presents at Bank of America Securities 2024 Financial Services Conference (Transcript)

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NEW YORK, NY / ACCESSWIRE / February 20, 2024 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that Kipp deVeer, Ares Capital's Chief Executive Officer, is scheduled to present at the UBS Financial Services Conference on Tuesday, February 27, 2024 at 12:10pm ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.arescapitalcorp.com.

Ares Capital Corporation to Present at the 2024 UBS Financial Services Conference

Ares Capital operates as a BDC lending to distressed and middle-market businesses, using leverage to enhance returns.

Looking At Ares Capital's Financials Under Lower Interest Rates

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Providing internet service is pushing AT&T's bottom line higher. Ares Capital is a business development company that offers a yield above 9% at the moment.

Want to Gain $1,000 in Annual Dividend Income? Invest $11,620 in These 3 High-Yield Dividend Stocks.

Ares Capital's diversified portfolio and focus on the upper middle market reduces its risk level. Energy Transfer continues to deliver solid earnings growth while investing in the future.

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We take a look at the action in business development companies through the second week of February and highlight some of the key themes we are watching. BDCs were down around 1% with PSEC leading the downside on disappointing earnings. There has been a flood of BDC IPOs, with several new entrants offering compelling returns and shareholder-friendly fee structures.

BDC Weekly Review: New BDCs Coming To Market

Energy infrastructure could be your key to decades of dividend growth. Business development can be another lucrative path to cash profits.

2 Ultra-High-Yield Stocks to Buy Hand Over Fist

ARCC and MAIN are highly popular BDCs, given their stellar track records and attractive yields. However, we share four reasons why we are avoiding them right now. We also share three 10-13% yielding alternatives that we prefer at the moment.

Forget Ares Capital And Main Street Capital: Buy These 10-13% Yields Instead

NEW YORK, NY / ACCESSWIRE / February 14, 2024 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that Kort Schnabel, Ares Capital's Co-President, is scheduled to present at the BofA Securities Financial Services Conference on Wednesday, February 21, 2024 at 12:50pm ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.arescapitalcorp.com.

Ares Capital Corporation to Present at the 2024 BofA Securities Financial Services Conference

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News for Ares Capital ETF (ARCC)