Headquartered in Los Angeles, CA Fiscal year ends December NASDAQ: ARCC arcc.ares.com
Ares Capital Corporation (NASDAQ: ARCC), founded in 2004, is a specialty finance company and the largest publicly traded business development company (BDC) by market capitalization. It focuses on providing direct loans and other investments to private middle market companies in the United States. Through its external manager, a subsidiary of Ares Management Corporation (NYSE: ARES), it utilizes extensive direct origination capabilities and incumbent borrower relationships to source and underwrite predominantly senior secured loans, as well as subordinated debt and equity investments. The company's portfolio spans over 636 companies backed by 271 private equity sponsors. It co-invests through its Senior Direct Lending Program (SDLP) with Varagon Capital Partners and manages additional investments through its subsidiary Ivy Hill Asset Management (IHAM). Ares Capital has elected to be regulated as a BDC under the Investment Company Act of 1940. Updated
Core earnings now sit below the $0.48 quarterly dividend the board just declared again, after a third straight quarter of declining EPS missed expectations. Management is leaning on a $2.5 billion backlog and the pending MidCap Financial deal to close the gap.
The largest BDC reports before the open at 6:00 AM ET without a single EPS beat in its last four quarters, consensus sitting at $0.48 on $776.12 million in revenue. With Moody's and Fitch already souring on the sector, portfolio credit quality matters more than the headline number.
Gilead is sending shareholders about $1.02 billion in cash, 82 cents a share, landing September 29 and dwarfing every other payment today. Xcel Energy, Ares Capital, T. Rowe Price and Valley National Bancorp round out the biggest checks.
Investors keep fighting over the same crowded dividend names while a handful of unloved sectors quietly generate yields that dwarf the typical blue-chip payout, and the safety picture on each one is…
Rolling a $790,000 401(k) into a paycheck sounds straightforward until you see how many moving parts can quietly erode the income before the first year is out.
A lender, a pipeline operator, and a tobacco company walk into a retirement portfolio, each promising to keep the income flowing no matter what the market throws at them. But how much…
Four stocks quietly paying over 10% sound too good to be true, but the real question is which ones actually earn their payouts and which are one bad quarter away from a…
Generating nearly $100,000 a year in dividend income sounds impossible without a massive nest egg, but the capital you actually need swings wildly depending on where you invest and what risks you…
Four high-yield stocks spanning pipeline giants and private-credit lenders promise steady monthly checks for retirees, but each one carries a hidden catch that could quietly erode the income it generates.
At 55, two retirement clocks start ticking the moment you open a Roth IRA, and missing either one turns tax-free income into a tax bill. Here is what it actually takes to…
Where you park a high-yield dividend portfolio matters as much as what you put in it, and the difference between the right account and the wrong one can quietly compound into a…
A Roth IRA turns dividend income completely invisible to the IRS, but the account size you actually need depends on a yield tradeoff that most retirement guides gloss over entirely.
With the 10-year Treasury now yielding above 5%, most dividend stocks no longer clear the bar. These five not only clear it but back every payout with real cash flow, and one…
Three BDCs are flashing yields as high as 28%, but each one carries a hidden fault line that could wipe out income and principal in the same move. Before you chase the…
The portfolio size a 59-year-old needs for $7,600 a month swings by more than $1.6 million depending on one decision, and choosing the wrong tier can leave your income frozen while your…
Rolling a $905,000 401(k) into steady retirement income sounds straightforward until you realize that playing it too safe leaves you short and chasing yield courts disaster. The answer lives in an unlikely…
When paychecks stop, a portfolio takes on a new job. For anyone near or in retirement and holding a lump sum, the question changes from how fast the money can grow to how…
Parking high-yield BDCs and REITs in a taxable account quietly hands the IRS a check every April, and most investors never calculate exactly how much they are giving away each year across…
Ares Capital Corporation (NASDAQ: ARCC), founded in 2004, is a specialty finance company and the largest publicly traded business development company (BDC) by market capitalization. It focuses on providing direct loans and other investments to private middle market companies in the United States.
24/7 Wall St.'s 12-month price target for ARCC is $20.90, rated Buy. The Wall Street consensus target is $20.77. ARCC price prediction →
