Ares Capital Dividends and Buybacks
Dividend criteria checks 5/6
Ares Capital is a dividend paying company with a current yield of 8.82% that is well covered by earnings. Next payment date is on 30th December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
8.8%
Dividend yield
-7.6%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 8.8% |
| Dividend Growth | -0.6% |
| Next dividend pay date | 30 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$1.920 |
| Payout ratio | 73% |
Recent dividend and buyback updates
Recent updates
Ares Capital: A Magnificent 9% Yielding Cash Cow
Nov 20Ares Capital: A Strong Q3 With Income Peak Likely Behind Us
Nov 12Ares Capital: One Of The Safest High-Yielders Your Money Can Buy (Rating Upgrade)
Nov 04Ares Capital: 8.9% Yield Standout Among BDC Peers
Oct 29Ares Capital: Still Cheap Even As The Fed Shifts Down
Oct 19The Battle Of Two Goliaths: Ares Capital Vs. FS KKR, Update
Sep 30I Made Ares Capital One Of My Top BDC Positions
Sep 20Ares Capital: Reduced Portfolio Risk At This 9%+ Yielder
Sep 06Ares Capital: Why Investors Should Be Wary Of Rising Recession Risks
Aug 20My Favorite Recession BDC: Ares Capital
Aug 12Ares Capital: The Pros And Cons After Q2 FY24 Results (Rating Upgrade)
Aug 06Ares Capital Q2 Earnings: Buy, Sell, Or Hold?
Jul 31Ares Capital: One Of The Best Buys In The BDC Sector
Jul 21Ares Capital: Keep Riding On Your Winning BDC Bets
Jun 30Ares Capital: Another Strong Quarter Despite A Decline In Net Income
Jun 05Ares Capital: Strong Performance And Low Leverage Signal Higher Dividends
May 24Ares Capital: Building A Big-Yield Portfolio (BDCs, CEFs, REITs)
May 10Ares Capital: A 9.2% Yielding BDC Cash Cow
May 03Ares Capital: High Quality But Awaiting Better Entry (Downgrade)
Apr 26Ares Capital: Attractive For Income Investors Yielding 9.6% Heading Into A Lower Rate Environment
Mar 25Ares Capital's NAV, Valuation, And Dividend Versus 14 BDC Peers - Part 1 (Includes Recommendations As Of 3/8/2024)
Mar 13Looking At Ares Capital's Financials Under Lower Interest Rates
Feb 20Ares Capital: The Only 10% Yielding BDC You Need
Feb 12Ares Capital: Dividend Looks Secure
Jan 30Better Buy: Ares Capital Or Oaktree Specialty Lending? - Big Yields +10%
Oct 17Ares Capital: A More Aggressive Fed Is Good For Its Earnings
Oct 07Where Prospect Capital Clearly Beats Ares Capital
Sep 28Better Buy: Ares Capital's 9.3% Yield Or FS KKR's 12.6%
Sep 16Why We Own Ares Capital Instead Of Owl Rock Capital
Sep 07Better Buy: Ares Capital's 8.8% Yield Or SLR Investment's 11%
Aug 24More Attractive After Quarterly Results: Ares Capital Or Oaktree Specialty Lending?
Aug 09Ares Capital Is Sliding And I Am Buying This 8% Yielding BDC
Aug 01Ares Capital Non-GAAP EPS of $0.46 beats by $0.02, TII of $479M beats by $12.79M
Jul 26Better 9%+ Yield Buy: Owl Rock Vs. Ares Capital
Jul 15Load Up The Truck With 9.3% Yielding Ares Capital
Jun 28Ares Capital: 10% Yield, Benefits From Rising Rates, Analyst Upgrades, 5% Discount
Jun 17Ares Capital Stock: 2 Reasons A Dividend Cut Could Be Coming
Jun 02Ares Capital Stock: Our Top Pick For The Rising Interest Rate Environment
May 12Ares Capital: Bag This 8% Yield And Call It A Day
Apr 28Ares Capital's NAV, Dividend, And Valuation Versus 15 BDC Peers - Part 2 (Includes Q2 + Q3 2022 Dividend Projection)
Mar 28Ares Capital Stock: 3 Reasons Why Dividend Growth Is Set To Continue
Mar 11Ares Capital Corp: The BDC King Retains Its Crown
Feb 20Ares Capital: Best-Of-Breed BDC's 7.4% Yield Is A Buy
Feb 08Ares Capital Yielding 7.7% Hits It Out Of The Park
Jan 23Ares Capital: Dividend Strategy To Help Prepare For The New Market Realities
Jan 14Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 2 (Includes Q1 + Q2 2022 Dividend Projection)
Dec 16Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 1 (Post Q3 2021 Earnings)
Dec 08Ares Capital: A Smart, Safe, Growing 8% Yielder You Can Count On
Nov 29Ares Capital: 7.6% Yield, Outperforming The Market
Oct 29Ares Capital: Book Value Premium And Growing Credit Risks Exacerbate Downside Risk
Oct 21Why Buy A CD When I Can Buy Ares Capital?
Oct 15Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 2 (Includes Q4 2021 Dividend Projection)
Sep 17Ares Capital's NAV, Dividend And Valuation Vs. 14 BDC Peers - Part 1 (Post Q2 2021 Earnings)
Sep 10Ares Capital: 8.2% Yield, Have Your Cake And Eat It Too
Sep 01Ares Capital Scores Big, Again, But ...
Aug 23Ares Capital: A Monster Dividend With Plenty Of Potential
Jul 29Invest In The American Dream With This Blue-Chip BDC: Ares Capital - Yield 8.1%
Jul 06Ares Capital: Despite The Risks, This 8.0% Yield BDC Is Compelling
Jun 14Ares Capital Q1 2021 Earnings Preview
Apr 27Ares Capital's NAV, Dividend, And Valuation Vs. 14 BDC Peers - Part 2 (Includes Q1 2021 Dividend Projection)
Jan 10Ares Capital prices $650M debt offering
Jan 07Ares Capital's NAV, Dividend And Valuation Vs. 14 BDC Peers (Post Q3 2020 Earnings - Remains Attractively Valued)
Dec 29Ares Capital: An Excellent Portfolio Income Booster With 9.4% Yield
Dec 14Ares Capital (ARCC) Investor Presentation - Slideshow
Nov 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ARCC's dividends per share have been stable in the past 10 years.
Growing Dividend: ARCC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ares Capital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ARCC) | 8.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast (ARCC) (up to 3 years) | 8.8% |
Notable Dividend: ARCC's dividend (8.82%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: ARCC's dividend (8.82%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.4%), ARCC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ARCC is paying a dividend but the company has no free cash flows.