ARCC acquired MidCap Financial Investment Corp. (MFIC) at a 30% premium, valuing MFIC's loan portfolio at 0.75–0.85 times its net asset value (NAV). This deal establishes a new reference price for Business Development Company (BDC) assets. ARCC remains the safest BDC in the sector, trading near its book value with a 10.4% yield. The analyst sees potential upside in other BDCs like OTF, MSDL, and OBDC, which currently trade at larger discounts to NAV. Key risks include possible NAV markdowns, dividend cuts, and a lack of catalysts for re-rating discounted BDCs.
As of Oct 29, 2026 14:11 WIB, ARCC trades at USD 18.57, close to its 52-week low of USD 17.45 and well below its 52-week high of USD 21.02, with a dividend yield of 10.32%. This positioning highlights ARCC's relative safety and value within the BDC sector, contrasting with other BDCs like OTF, MSDL, and OBDC that trade at even larger discounts to NAV. On Pluang, ARCC's steady price and high yield may explain why 100% of order activity is on the buy side, reflecting investor interest in its stability and income potential.
Ares Capital (ARCC) is trading below its net asset value, offering an attractive 10% yield for investors. Although the company reported slightly weak third-quarter results, it has started Q4 with strong investment commitments and ample liquidity to s...
Monteverde & Associates PC, a top-ranked class action law firm, is investigating the sale of MidCap Financial Investment Corporation to Ares Capital Corporation. Under the deal, MidCap shareholders will receive $1.21 in cash plus shares of Ares Capit...
Three companies—a lender (Ares Capital), a pipeline operator (Enterprise Products Partners), and a tobacco firm (Altria)—offer ultra-high or high dividend yields with strong payout safety. Ares Capital yields 10.2% with spillover income reserves and ...
Ares Capital Corporation announced a fourth quarter 2026 dividend of $0.48 per share, payable December 29, 2026. The company reported third quarter 2026 net income of $0.44 per share, reflecting stable credit quality and low non-accrual loans. Despit...
Ares Capital has reduced the value of its loans to Cornerstone OnDemand to 64% of cost due to concerns over high leverage and competition in the AI-driven software sector. While most of Ares Capital's loan portfolio remains stable, this markdown high...
