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4.93242576699823E-05 0.000295945546019544 -0.000197297030679754 0.000789188122718841 0.000226891585281638 0.00498175002466208 0.0059682351780605 0.0059682351780605
Stock impact report

Should You Buy Ares Capital Corporation While It's Below $22? [Yahoo! Finance]

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
Company Research Source: Yahoo! Finance
It's capitalizing on lower interest rates to issue new debt at lower rates. 10 stocks we like better than Ares Capital › Ares Capital (NASDAQ: ARCC) spent much of last year trading above $22 per share. However, it dipped below that price point in late fall and hasn't been back since. As a result, the business development company's (BDC) dividend yield is above 9%. That's multiples above the S&P 500's 1.2% dividend yield. Here's a look at whether the BDC is worth buying while it's below $22 a share. Ares Capital provides capital (direct loans and other investments) to private middle market companies ($100 million to $1 billion in annual revenue) to support their business needs. Those investments generate interest and dividend income for the company. As a regulated investment company, Ares must distribute 90% of its taxable net income to investors via dividend payments to remain in compliance with IRS regulations. Given its dividend requirements, the BDC must regularly raise Show less Read more
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