Ares Capital has agreed to acquire MidCap Financial Investment Corporation, strengthening its position in the middle-market lending space. The deal involves Ares Management paying $1.21 per share in cash, effectively purchasing the loan portfolio at a 25% discount to its book value. Ares Capital maintains a conservative net debt-to-equity ratio of 1.06x, preserving liquidity for future acquisitions. This move highlights Ares' strategic focus on opportunistic buyouts while managing risk prudently.
Ares Capital trades at USD 19.15 on Pluang as of Nov 04, 2026 19:31 WIB, up 0.74% for the day. The stock shows strong investor interest with 78% buy orders and a dividend yield of 10.1%. Its market cap stands at $13.73 billion, reflecting steady confidence in the financial sector.
Main Street Capital announced an increase in its monthly dividend and a $0.30 supplemental dividend, reflecting strong earnings and steady dividend coverage. The company, a business development firm lending to private businesses, offers a 7.7% yield ...
MidCap Financial Investment Corporation announced it will not hold its Q3 2026 earnings conference call due to its pending acquisition by Ares Capital Corporation under a definitive merger agreement. The company will still release its Q3 financial re...
The article outlines a diversified dividend portfolio combining ETFs, funds, and high-yield stocks to achieve a 5.59% average dividend yield and a 6.16% annual dividend growth over five years. Key holdings include Schwab U.S. Dividend Equity ETF, Mic...
