Ares Capital

Ticker: ARCC

Sector: Capital Markets

Ares Capital

Ares Commercial Finance has the ability to structure and agent deals to support the growth and changing capital needs of clients. The company is externally managed by Ares Capital Management LLC, which is a subsidiary of the Ares Management Corporation. The weighted average yield on debt and other income-producing securities at amortized cost was 12.2%. Dividend pay-out ratio of 84% in 2Q-23 and 77% in the last twelve months, I give Ares Capital Corp a high dividend safety grade. BDCs that have positioned themselves to profit from higher interest rates through investments. An end to the current rate-hiking cycle could negatively impact Ares Capital Corps potential for net investment income growth, and by extension, dividend growth. Ares Capital Corporation boasts an ultrahigh dividend yield of 9.8%. The average analyst rating for Ares Capital stock from 8 stock analysts is Buy On average, analysts rate Ares Capital Corporation stock as a buy. Ares Capital stock price per share is $19.54 today (as of Aug 11, 2023) Ares Capital currently has 557,378,846 outstanding shares. The business also recently disclosed a quarterly dividend, which will be paid on September 29th.