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 first week of November and highlight some of the key themes we are watching. BDCs experienced a sharp bounce with the sector rallying around 7% on the week. Many BDCs pay out base, supplemental and special dividends - we discuss why this complex trio of dividends is used.

BDC Weekly Review: Why Do BDCs Bother With Special And Supplemental Dividends?

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Ares Capital currently offers a forward dividend yield that's roughly 343 basis points lower than OFS Capital. Whilst OFS is currently trading at a 20% discount to NAV per share versus an ARCC premium of 2.5%, OFS has seen this figure decline for six consecutive quarters. Total investments on non-accrual status for OFS at the end of its fiscal 2023 third quarter is 6.1x higher than ARCC.

Ares Capital Vs. OFS Capital: 2 Fat Yields, The BDC Giant Vs. A Minnow

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Ares Capital reported a strong 4.9% total NAV return and a rise in core net income in its latest quarterly results. ARCC's sector allocation is typical for BDCs, with software and healthcare being key areas. The company's dividend yield is 10.1% and its core net income yield is 12.3%.

Ares Capital: Q3 Update - Stellar Result With Plenty Of Dry Powder

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How To Invest $1,000 Per Month (November Edition)

Ares Capital has a strong, growing business, with a great track record of success. The stock remains attractively valued despite outperforming the S&P 500 in recent years.

Why I Just Loaded Up on This Stock With an Ultra-High Dividend Yield of 9.8%

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The generation of income via dividends allows you to support your financial expenditures without needing to liquidate positions of your portfolio. In this article, I will introduce you to two Business Development Companies (BDCs), that pay large amounts of dividends and which I have added to The Dividend Income Accelerator Portfolio. After their inclusion, the Weighted Average Dividend Yield [TTM] of The Dividend Income Accelerator Portfolio is at an attractive level of 4.49%.

2 Stocks Yielding Up To 12%: The Latest Acquisitions For The Dividend Income Accelerator Portfolio

NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced today that Ares Capital's Chief Accounting Officer, Vice President and Treasurer, Scott Lem, has been appointed as its new Chief Financial Officer, effective February 15, 2024. Mr. Lem succeeds Penni Roll, who plans to step down as Ares Capital's Chief Financial Officer, effective the same date. Ms. Roll, who also serves as the Chief Financial Officer of Ares Management Corporation's (“Ares”) Credit Gr.

Ares Capital Corporation Appoints Scott Lem as Chief Financial Officer

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Ares Capital (ARCC) is a Top Growth Stock for the Long-Term

Here's Why Ares Capital (ARCC) is a Strong Momentum Stock

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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.

5 Relatively Secure And Cheap Dividend Stocks To Invest In - November 2023

ARES is an exemplary example of a BDC taking advantage of all the right things that alternative credit should be doing at this time. Peter Lynch stated that you should only buy long government bonds if the yield is at least 600 basis points higher than the S&P 500 dividend yield. He made the argument that junk bonds could be competitive with equities. With credit now tightening, this could be an opportunity to get higher for longer rates on BDCs.

Ares Capital: Even Peter Lynch Once Liked 'Junk'

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Its portfolio of floating-rate loans is improving Ares Capital's overall profitability. Prospect Capital isn't in a position to raise its dividend payment anytime soon, but the yield is already really good.

3 BDC Stocks That Are Screaming Buys in November

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The markets experienced a difficult week with declines in major indices. The Fed interest rate decision is awaited, with expectations of a steady rate. The Dividend Harvesting Portfolio saw declines but remains focused on generating consistent cash flow through dividends.

Dividend Harvesting Portfolio Week 138: $13,900 Allocated, $1,219.60 In Projected Dividends

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We recently published this list of 50 large-cap high-dividend stocks as of 10/27/23 per data from YCharts. The list targeted investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation went belly-up.”. Investors reduce volatility/risk by limiting high-dividend search to large-well-established companies.

50 Large-Cap High-Yield Stocks For November

Gentex

TROY, Mich. , Oct. 30, 2023 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Gentex Corp. (NASDAQ:GNTX) as its "Stock to Study" and Ares Capital Corp. (NASDAQ: ARCC) as its "Undervalued Stock" in the January 2024 issue for investors' informational and educational use.

BetterInvesting™ Magazine Update on Gentex Corp. and Ares Capital Corp.

Ares Capital Corporation covered its dividend payout with net investment income and achieved a dividend coverage ratio above 100% in 3Q-23. The BDC's credit quality improved, with a low percentage of non-accruals in the third quarter. ARCC is positioned for higher interest rates and has large floating-rate exposure, making it a compelling investment option for passive income investors.

Ares Capital: Higher Rates Make This 10% BDC Yield A No-Brainer (Upgrade)

Ares Capital (ARCC) records a rise in revenues and expenses in the third quarter of 2023.

Ares Capital (ARCC) Q3 Earnings Beat as Revenues Improve Y/Y

Ares Capital (NASDAQ:ARCC ) Q3 2023 Earnings Conference Call October 24, 2023 12:00 PM ET Company Participants John Stilmar - MD of Public IR & Communications Kipp DeVeer - CEO Penni Roll - CFO Mitch Goldstein - Senior Partner, Partner, Co-President & Co-Head of Ares Credit Group Kort Schnabel - Partner, Co-President and Co-Head of U.S. Direct Lending Conference Call Participants Melissa Wedel - JPMorgan Finian O'Shea - Wells Fargo Securities Arren Cyganovich - Citigroup Casey Alexander - Compass Point Vilas Abraham - UBS Robert Dodd - Raymond James Kenneth Lee - RBC Capital Markets Mark Hughes - Truist Securities Ryan Lynch - KBW Operator Good afternoon. Welcome to the Ares capital Corporation's Third Quarter, September 30, 2023 Earnings Conference Call.

Ares Capital (ARCC) Q3 2023 Earnings Conference Call Transcript

Here is how Ares Capital (ARCC) and Avidbank Holdings Inc. (AVBH) have performed compared to their sector so far this year.

Are Finance Stocks Lagging Ares Capital (ARCC) This Year?

The headline numbers for Ares Capital (ARCC) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Ares Capital (ARCC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Ares Capital (ARCC) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.50 per share a year ago.

Ares Capital (ARCC) Tops Q3 Earnings Estimates

News for Ares Capital ETF (ARCC)