Albemarle Corp. vs Ares Capital Corporation — how do they compare? Albemarle Corp. trades at $131.2 (market cap $15.27B), while Ares Capital Corporation trades at $19.96 (market cap $14.34B). The key difference: Albemarle Corp. and Ares Capital Corporation are close in size by market cap, and Ares Capital Corporation pays the higher dividend (9.61%). Which is the better fit depends on your goals.
| ALB | ARCC | |
|---|---|---|
Market Cap | $15.27B | $14.34B |
Sector | Basic Materials | Financials |
52-Week High | $215.62 | $22.68 |
52-Week Low | $72.58 | $17.45 |
Enterprise Value | $17.75B | — |
Dividend Yield | 1.27% | 9.61% |
Trailing returns across standard periods
Latest headlines on both assets
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing primarily in U.S. middle-market companies with investment opportunities as well as in larger companies. Its portfolio comprises of first lien senior secured loans, second lien senior secured loans, and mezzanine debt (subordinated unsecured loan), which may include equity components that are diversified by industry and sector. The company may invest in preferred and common equity investments to a lesser proportion. Its revenue mainly consists of interest and dividend income received from the investment made.
Read more on ARCC →