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.

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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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Ares Capital reported strong Q4 results, with core EPS rising and NAV per share increasing. That being said, the outlook is less stellar. We delve into why ARCC is likely going to deliver weak returns to shareholders moving forward.

Ares Capital's Q4 Signals Rough Times Ahead

Ares Capital Corporation is well-positioned to deliver stable net investment income in 2024, regardless of a potential recession. The business development company outearned its dividend with net investment income in the fourth quarter and saw growth in net asset value. Federal Reserve Chair Jerome Powell's cautious approach to rate cuts suggests a continued benefit for Ares Capital in a higher-for-longer rate environment.

Ares Capital: The Only 10% Yielding BDC You Need

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Reaching retirement and having enough capital to build a dividend money machine are dreams shared by many. With life expectancy on the rise, high yield alone is no longer sufficient; we need to plan for both capital appreciation and dividend growth.

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Ares Capital is firing on nearly every cylinder right now. The company appears to have bright prospects ahead, and plenty of cash to fund new investments.

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For those who invest for dividends, the goal is to look for securities that can guarantee sustainable dividends and distributions over time. Choices about how to deploy the income generated by those instruments are personal and depend on each investor's needs, financial means, and age.

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Despite huge dividend yields, this sector is getting hammered. Shares could achieve this upside even without trading at Net Asset Value. Another peer already saw a similar recovery.

13% Dividend Yield And 39% Upside

Ares Capital (ARCC) records y/y increases in revenues and expenses in the fourth quarter of 2023.

Ares Capital (ARCC) Gains on Q4 Earnings Beat, Revenue Rise

Ares Capital (ARCC) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Ares Capital (ARCC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Ares Capital (ARCC) Q4 Earnings: A Look at Key Metrics

Ares Capital (ARCC) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.63 per share a year ago.

Ares Capital (ARCC) Beats Q4 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced that its Board of Directors has declared a first quarter 2024 dividend of $0.48 per share. The first quarter 2024 dividend is payable on March 29, 2024 to stockholders of record as of March 15, 2024. DECEMBER 31, 2023 FINANCIAL RESULTS Ares Capital also announced financial results for its fourth quarter and year ended December 31, 2023. OPERATING RESULTS     Q4-23(1)   Q4-22(1)   FY-23   FY-22   (dolla.

Ares Capital Corporation Announces December 31, 2023 Financial Results and Declares First Quarter 2024 Dividend of $0.48 Per Share

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Mortgage REITs are not buy-and-hold investments and investors who focus solely on dividends are getting burned. Preferred shares offer better performance and stability compared to common shares in mortgage REITs. Equity REITs are also being negatively impacted, with investors seeking higher yields elsewhere.

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Altria Group has raised its dividend every year for over a century, and it's offering a yield above 9% right now. Investors can receive a 9.5% yield from Ares Capital, a business development company with an investment-grade credit rating.

Want to Gain $1,000 in Annual Dividend Income? Invest $11,900 in These 3 High-Yield Dividend Stocks.

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This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields just over 3%, we present two other groups of five DGI stocks each, with the goal of moderate to high yields.

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We take a look at the action in business development companies through the fourth week of January and highlight some of the key themes we are watching. BDCs had a 1.5% total return for the week, with nearly all BDCs in the green month-to-date. GBDC is merging with its private BDC, resulting in improved liquidity, lower fixed costs and higher pro forma net income.

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Ares Capital and Capital Southwest are blue chip dividend stocks with ~10% yields. We issued Buy ratings on them 13 months ago and the stocks have delivered exceptional performance since then. We compare ARCC and CSWC side-by-side and offer our take on which is the better buy today.

Ares Capital Vs. Capital Southwest: Are These 10% Yields A Buy?

Beyond analysts' top -and-bottom-line estimates for Ares Capital (ARCC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Stay Ahead of the Game With Ares Capital (ARCC) Q4 Earnings: Wall Street's Insights on Key Metrics

Ares Capital is the largest business development company with a portfolio of over $11.5 billion, consisting mostly of senior secured loans. High interest rates in 2023 led to record revenues for Ares Capital, with a 22% YoY growth and impressive margins. Despite strong performance, the stock price only grew 4% in 2023, below the S&P 500 return of 24%.

Ares Capital: A High-Rate Play With Profound Yields

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These fat dividends benefited from floating in one way or another. Many of them are more than 10%. Some shares start floating in 2024 or early 2025. Those shares aren't showing their floating yield yet, even though they will kick in soon. We also need to look at the change in valuations for some better companies.

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NEW YORK, NY / ACCESSWIRE / January 31, 2024 / Ares Capital Corporation ("Ares Capital" or the "Company") (NASDAQ:ARCC) announced today the tax treatment of the Company's 2023 common stock distributions (CUSIP #: 04010L103). Record Date Payable Date Total Paid Per Share Ordinary Income Per Share Long Term Capital Gains per Share (2) Interest - Related Dividends (3) Ordinary Rate 20% Rate (1) 3/15/2023 3/31/2023 $0.4800 $0.47257 $0.00743 $0.0000 76.8425% 6/15/2023 6/30/2023 $0.4800 $ 0.47257 $0.

Ares Capital Corporation Announces Tax Reporting Information for Calendar Year 2023

ARCC has a diversified portfolio and strong underwriting, but the valuation is high compared to other BDCs.

Ares Capital: Dividend Looks Secure

News for Ares Capital ETF (ARCC)