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Stock impact report

A Dividend Stock With a Double-Digit Yield: Is It Actually Sustainable? [Globe and Mail, The (Toronto, Canada)]

Ares Capital Corporation - Closed End Fund (ARCC) 
Last ares capital corporation - closed end fund earnings: 2/12 06:22 am Check Earnings Report
US:NASDAQ Investor Relations: arescapitalcorp-ir.com
The BDC's earnings exceed its dividend, and it has a strong financial profile. The S&P 500 's dividend yield is right around 1.2% these days, which is near its record low. As a result, most dividend stocks currently offer yields in the low single digits. However, there are some outliers. One of those is Ares Capital Corporation (NASDAQ: ARCC) . The business development company (BDC) currently yields 10.8%. While double-digit dividend yields aren't often sustainable, here's why Ares is different. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. BDCs aren't your average dividend stocks Congress created BDCs in 1980 through an amendment of the Investment Company Act of 1940 to stimulate investment in smaller private companies. They make debt and equity investments, providing th Show less Read more
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