Ares Capital Corporation (ARCC) to Distribute Quarterly Dividend of $0.48 on September 30th

Ares Capital Corporation (NASDAQ:ARCC) announced a quarterly dividend on Wednesday, July 29th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.48 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 10.2%. The ex-dividend date is Tuesday, September 15th.

Ares Capital has increased its dividend payment by an average of 0.0%annually over the last three years. Ares Capital has a payout ratio of 96.0% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities analysts expect Ares Capital to earn $1.94 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 99.0%.

Ares Capital Trading Up 0.6%

Ares Capital stock opened at $18.83 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.40 and a current ratio of 1.40. The firm has a market cap of $13.52 billion, a price-to-earnings ratio of 13.95 and a beta of 0.56. Ares Capital has a 1 year low of $17.40 and a 1 year high of $22.85. The firm’s 50 day moving average price is $18.67 and its two-hundred day moving average price is $18.91.

Ares Capital (NASDAQ:ARCC) last announced its quarterly earnings data on Wednesday, July 29th. The investment management company reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. Ares Capital had a return on equity of 9.74% and a net margin of 30.91%.The company had revenue of $768.00 million during the quarter, compared to the consensus estimate of $770.19 million. During the same quarter in the prior year, the firm earned $0.50 EPS. On average, research analysts predict that Ares Capital will post 1.9 EPS for the current fiscal year.

Ares Capital News Roundup

Here are the key news stories impacting Ares Capital this week:

• Positive Sentiment: Dividend remains attractive: ARCC declared a third-quarter dividend of $0.48 per share, payable September 30 to shareholders of record September 15. The annualized payout implies a yield of roughly 10.3% and extends the company’s long dividend record. Ares Capital financial results and dividend announcement
• Positive Sentiment: Core earnings held up: Second-quarter net investment income was $0.50 per share, while reported earnings of $0.47 per share matched analyst expectations. Management highlighted ARCC’s scale, strong liquidity, improving lending terms and balance-sheet flexibility. New investment commitments totaled approximately $2.6 billion, with $2.2 billion funded. Ares Capital Q2 earnings call highlights
• Neutral Sentiment: Analysts remain constructive but lowered targets: Truist cut its price target from $22 to $21 while maintaining a “buy” rating. Keefe, Bruyette & Woods reduced its target from $21 to $20 but kept an “outperform” rating, indicating continued expected upside but more cautious valuation assumptions.
• Negative Sentiment: Profitability weakened year over year: GAAP net income fell to $171 million, or $0.24 per share, from $361 million, or $0.52 per share, in the prior-year quarter. Realized and unrealized losses, along with higher expenses, offset improved investment income. Revenue of $768 million was slightly below the $770.2 million consensus estimate. ARCC Q2 earnings and expenses
• Negative Sentiment: Net asset value declined: NAV was $19.35 per share at June 30, down from $19.94 at year-end 2025. Management is also navigating a slower transaction market, creating potential pressure on future investment growth and credit performance.

About Ares Capital

Ares Capital Corporation (NASDAQ: ARCC) is a publicly traded business development company (BDC) that specializes in providing debt and equity financing solutions to U.S. middle-market companies. As a BDC, Ares Capital offers investors access to a diversified portfolio of tailored credit investments, including senior secured loans, unitranche financing, mezzanine debt and equity co-investments. The firm’s flexible capital structures are designed to support companies seeking growth capital, refinancing or strategic acquisitions.

Through its credit platform, Ares Capital focuses on originations, underwriting and portfolio management across a range of industries, with a particular emphasis on sectors such as healthcare, technology, industrials and business services.