Home Markets Dividend Growth of Ares Capital Corporation(ARCC)

Dividend Growth of Ares Capital Corporation(ARCC)


Ares Capital Corporation(ARCC) is having a Dividend Yield of 8.6% with the Annual cash Dividend per share of $1.52. The last quarter cash dividend per share pay out was $0.38. Ares Capital Corporation has a 5 year average dividend yield of 9.21% and the stock has a Indicated annual dividend of $1.52. Ares Capital Corporation(ARCC) formally announced its most recent dividend on January 24, 2017 with a Dividend per share of $0.38. The new indicated annual dividend based on announced dividend per share is $1.52. The dividend yield based on the forward looking indicated annual dividend is 8.6%. Ares Capital Corporation(ARCC) has the most recent dividend payout ratio of 0.96 with a 5-year average payout ratio of 0.95. The 5 year historical dividend growth of Ares Capital Corporation(ARCC) is at the rate of 0.29% while the R-Squared dividend growth is 0.27. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Ares Capital Corporation (NASDAQ:ARCC) rose 0.06% or 0.01 points on Thursday and made its way into the gainers of the day. After trading began at $17.58 the stock was seen hitting $17.73 as a peak level and $17.57 as the lowest level. The stock ended up at $17.69. The daily volume was measured at 2,589,428 shares. The 52-week high of the share price is $17.73 and the 52-week low is $12.63. The company has a market cap of $7,535 million. Shares of Ares Capital Corporation rose by 1.78% in the last five trading days and 4.12% for the last 4 weeks. Ares Capital Corporation is up 16.84% in the last 3-month period. Year-to-Date the stock performance stands at 7.28%.

Currently the company Insiders own 0.57% of Ares Capital Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 5.88% . Institutional Investors own 39.07% of Ares Capital Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 12.5%. Company has reported several Insider transactions to the SEC, on Dec 21, 2016, Steve Bartlett (director) purchased 200 shares at 16.00 per share price.On Nov 8, 2016, Daniel G Jr Kelly (director) purchased 7,500 shares at 15.33 per share price.On Aug 16, 2016, Mitchell S Goldstein (Co-President) purchased 6,472 shares at 15.45 per share price.

Ares Capital Corporation Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.38.Analysts expectations of $ 244.90.During the same quarter in the previous year, the company posted $0.41 EPS.

ARES CAPITAL CORPORATION is a specialty finance company that is a closed-end, non-diversified management investment company. Ares Capital Corporation has elected to be regulated as a business development company under the Investment Company Act of 1940. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. Ares Capital Corporation invests primarily in first and second lien senior loans and mezzanine debt, which in some cases includes an equity component, and, to a lesser extent, in equity investments in private U.S. middle market companies.



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