Ares Capital Corporation announced a $750 million public offering of 6.250% notes maturing in 2033. The proceeds will be used to repay existing debt and potentially reborrow for general corporate purposes, including investments in portfolio companies. The offering is managed by multiple major financial institutions and is expected to close on September 15, 2026. This move supports Ares Capital's strategy to maintain liquidity and invest in middle market companies, aligning with its role as a leading specialty finance company and business development company (BDC).
Samuel Smith, an experienced dividend stock analyst, recently sold his position in Ares Capital Corporation after initially buying the dip earlier this summer. He had previously rated the company as a buy, considering it a strong business development...
Ares Capital remains a top business development company (BDC) pick, delivering a durable 9.6% dividend yield supported by strong credit underwriting and stable earnings. In Q2 2026, the company showed resilient credit metrics, increased deal flow, an...
Ares Capital (ARCC) has been upgraded to a buy rating due to its attractive 9.6% dividend yield and trading at a rare sub-average premium to its net asset value (NAV). The company is well-positioned for a higher interest rate environment with a $1.5 ...
