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Cash Dividend On The Way From Ares Capital (ARCC)

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This article is more than 9 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 3/11/15, Ares Capital Corporation (NASD: ARCC) will trade ex-dividend, for its quarterly dividend of $0.38, payable on 3/31/15. As a percentage of ARCC's recent stock price of $17.59, this dividend works out to approximately 2.16%, so look for shares of Ares Capital Corporation to trade 2.16% lower — all else being equal — when ARCC shares open for trading on 3/11/15.

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Below is a dividend history chart for ARCC, showing historical dividends prior to the most recent $0.38 declared by Ares Capital Corporation:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ARCC is likely to continue, and whether the current estimated yield of 8.64% on annualized basis is a reasonable expectation of annual yield going forward.

The chart below shows the one year performance of ARCC shares, versus its 200 day moving average:

Looking at the chart above, ARCC's low point in its 52 week range is $14.63 per share, with $18.04 as the 52 week high point — that compares with a last trade of $17.60.


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According to the ETF Finder at ETFChannel.com, ARCC makes up 14.06% of the BDC Income ETF (AMEX: BIZD) which is trading up by about 0.5% on the day Monday.

In Monday trading, Ares Capital Corporation shares are currently down about 0.1% on the day.