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 January and highlight some of the key themes we are watching. BDCs kicked off the year in strong form, supported by falling yields and higher stocks.

BDC Weekly Review: Equity Issuance Ticks Many Boxes For BDCs

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Both Ares Capital and Hercules Capital offer investors very high dividend yields. Both also boast investment grade credit ratings and impressive track records.

Better Blue-Chip High Yield Buy: Ares Capital Or Hercules Capital?

NEW YORK--( BUSINESS WIRE )--Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 10,500,000 shares of its common stock. The offering was upsized from its previously announced offering size of 9,000,000 shares. Ares Capital has granted the underwriters an option to purchase up to an additional 1,575,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on January 18, 2023. The offering of the shares is being made under Ares Capital's shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On January 12, 2023, the official close price of Ares Capital's common stock on The NASDAQ Global Select Market under the symbol “ARCC” was $19.61 per share.

Ares Capital Corporation Prices Public Offering

NEW YORK--( BUSINESS WIRE )--Ares Capital Corporation (Nasdaq: ARCC) announced that it plans to make a public offering of 9,000,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,350,000 shares of common stock. The offering of the shares will be made under Ares Capital's shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing.

Ares Capital Corporation Announces Public Offering

The market is pricing in the company's unique risks and lack of relative growth.

Why Is Ares Capital's Dividend So High?

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My Dividend Stock Portfolio: New December Record - 96 Holdings With 24 Buys, 6 Sales

Both Ares Capital and Capital Southwest offer investors very high dividend yields. Ares Capital is investment grade with a stellar track record whereas Capital Southwest has greater exposure to loans and offers a higher dividend yield.

Better High Yield Buy: Ares Capital Or Capital Southwest?

NEW YORK--( BUSINESS WIRE )--Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced today that it will report earnings for the fourth quarter and fiscal year ended December 31, 2022 on Tuesday, February 7, 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. (Eastern Time) on the same day to discuss its fourth quarter and fiscal year ended December 31, 2022 financial results.

Ares Capital Corporation Schedules Earnings Release for the Fourth Quarter and Fiscal Year Ended December 31, 2022

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Financial markets are set to close a difficult year amid the war in Ukraine, pandemic aftershocks, and inflation-eroding purchasing power. As always, the first rule for every investor is to try to survive and avoid making mistakes that could prove fatal.

My Income Portfolio's Year-End Check-Up

Ares Capital is now attractively priced at very close to its net asset value. It's one of the few BDCs to grow during 2020, and it's continued to grow over the past year.

Ares Capital: Kick Off 2023 By Harvesting This 10% Yield

Dividend yields: 7.8% to 15%. Dramatic discounts to net asset value. Price to NAV range: .36 to .86.

High-Yield Shares On Sale Today

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.

Ares Capital's NAV, Sector Valuation, And Dividend Vs. 14 BDC Peers - Part 2 (Includes Q1 2023 + Q2 2023 Dividend Projection)

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Both Ares Capital and Oaktree Specialty Lending boast investment-grade credit ratings. Both also boast high dividend yields.

Better BDC Buy: Oaktree Specialty Lending Or Ares Capital?

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Ares Capital's stock price dipped below net asset value last week. Floating rate exposure makes Ares Capital a compelling bet on cyclically rising interest rates.

Ares Capital: I Am Getting A 10.6% Yield On My Last Buy

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Part 1 of this article compares ARCC's recent quarterly change in NAV, quarterly and trailing 24-month economic return, NII, and current valuation to 14 BDC peers. Part 1 also performs a comparative analysis of each company's investment portfolio as of 6/30/2022 and 9/30/2022. This includes an updated percentage of investments on non-accrual status.

Ares Capital's NAV, Valuation, And Dividend Vs. 14 BDC Peers - Part 1 (Includes Recommendation For All Covered Peers As Of 12/16/2022)

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News for Ares Capital ETF (ARCC)