DIVIDEND ANNOUNCEMENT: Ares Capital Corp (NASDAQ:ARCC) on 10/27/2020 declared a dividend of $0.4000 per share

Ares Capital Corp (NASDAQ:ARCC) on 10/27/2020 declared a dividend of $ 0.4000 per share payable on December 30, 2020 to shareholders of record as of December 15, 2020.

Ares Capital Corp (NASDAQ:ARCC) has paid dividends since 2004, has a current dividend yield of 11.4204139709% and has increased its dividends for 2 successive years.

Ares Capital Corp's market cap is $ 5,920,934,220 and has a PE ratio of 87.56. The stock price closed yesterday at $ 14.01 and has a 52 week low/high of $ 7.90 and $ 19.33.

Ares Capital is a finance company that is a closed-end management investment company. Co.'s investment objective is to generate both current income and capital appreciation through debt and equity investments. Co. invests primarily in United States middle-market companies. Co. invests primarily in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and mezzanine debt, generally in a first lien position), second lien senior secured loans and mezzanine debt, which in some cases includes an equity component. To a lesser extent, Co. also make preferred and/or common equity investments.

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