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 is the largest BDC with strong net assets and a market cap, making it a leader in the sector. The higher for longer rate environment is expected to benefit ARCC as banks become less likely to service middle-market companies, allowing ARCC to lend at higher rates. ARCC has a track record of growing core earnings and dividends in both low and high-rate environments, making it a strong income-generating equity.

Ares Capital Yields Over 10% And Is A Strong Income Play Going Into Q3 Earnings

Ares Capital is a leading business development company with a significant market cap advantage over its peers. The company's upcoming Q3 earnings release is highly anticipated due to recent market developments and concerns about a potential recession. Despite potential risks, Ares Capital's price action has remained robust and is attractively valued compared to its peers.

Ares Capital: Rock-Solid Despite Recession Fears Heading Into Q3 Earnings

ARCC has an impressive track record along with a reasonable valuation that had made it my favorite BDC for years. However, ARCC is no longer my favorite BDC due to changing macro-economic conditions and developments among peers. I look at three specific reasons why ARCC is no longer my favorite BDC.

Why Ares Capital Corp. Is No Longer My Favorite BDC

Ares Capital Corporation is a high-yielding business development company that pays out a distribution resulting in a 10% yield. Ares Capital focuses on middle market companies in the US, with investments ranging from $30 million to $500 million. The company has a diverse portfolio and has historically prioritized investing in secured debt, but has shifted towards equity investments for stronger returns.

Ares Capital: A Fantastic Opportunity To Lock In A Hefty 10% Yield

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Ares Capital invests in middle-market companies that big bank lenders neglect. Most of its loans have floating interest rates, which can increase cash flows in rising interest rate environments.

5 Things You Need to Know If You Buy Ares Capital Stock Today

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Bargains are available in the high-yield market, including in the BDC sector. Ares Capital is a well-run, reliable BDC with a 10% yield (with good core earnings and NII coverage). Shares have revaluation potential as sentiment improves. Ares Capital has a strong investment track record, diversification, and reasonable P/NAV ratio, making it an attractive investment option for dividend investors.

Ares Capital: A Magnificent 10% Yield To Buy And Hold Forever

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Ares Management

NEW YORK, NY / ACCESSWIRE / October 2, 2023 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that it will report earnings for the third quarter ended September 30, 2023 on Tuesday, October 24, 2023 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 12:00 p.m.

Ares Capital Corporation Schedules Earnings Release for the Third Quarter Ended September 30, 2023

Ares Capital is a top business development company with an impressive track record of success. Energy Transfer remains attractively valued despite delivering strong gains this year.

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Over time, stocks that pay dividends outperform stocks that don't by a wide margin. Dividend stocks generally don't offer high yields unless investors are worried about a stock's ability to raise and maintain its payout.

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Here is how Ares Capital (ARCC) and Erste Group Bank AG (EBKDY) have performed compared to their sector so far this year.

Is Ares Capital (ARCC) Stock Outpacing Its Finance Peers This Year?

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Rising interest rates have dividend-paying stocks under pressure now, but it won't last forever. Shares of Ares Capital Corporation are down because rising interest rates are making it harder for its borrowers to repay their debts.

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Part 2 of this article compares ARCC's recent dividend per share rates, yield percentages, and several other highly detailed (and useful) dividend sustainability metrics to 14 other BDC peers. This includes a comparative analysis of ARCC's cumulative undistributed taxable income ratio, percentage of floating-rate debt investments, recent weighted average annualized yield, and weighted average interest rate on outstanding borrowings. ARCC's dividend sustainability remains one of the highest in the sector. When comparing/analyzing all metrics (including additional metrics not mentioned), ARCC is currently deemed to be undervalued (Buy).

Ares Capital's NAV, Valuation, And Dividend Vs. 14 BDC Peers - Part 2 (Includes Q4 2023 + Q1 2024 Dividend Projection)

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Verizon has a historically reliable dividend for telecom stocks, and it offers more than 7% at recent prices. PennantPark Floating Rate Capital shares offer a double-digit yield percentage, and the business development company isn't having any trouble meeting its payout obligation.

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News for Ares Capital ETF (ARCC)