MidCap Financial Investment Corporation reported a net investment income of $0.34 per share for Q3 2026, down from $0.40 in Q2, with net asset value per share decreasing 3.8% to $12.86 due to portfolio losses. The company declared a $0.31 dividend payable in December and disclosed a pending acquisition by Ares Capital Corporation valued at $10.88 per share in stock and cash. This acquisition will end MidCap's share repurchase program and dividend reinvestment plan, with the transaction expected to close after regulatory approvals and shareholder consent.
Ares Capital Corporation (ARCC) trades at USD 19.48 on Pluang as of Nov 05, 2026 18:13 WIB, showing a modest 0.10% increase in one day. This follows news of its pending acquisition of MidCap Financial Investment Corporation, which will conclude MidCap's share repurchase and dividend reinvestment plans. ARCC's market cap stands at $14.05 billion with a dividend yield of 9.87%, indicating steady investor interest amid the transaction.
Ares Capital (ARCC) continues to be a recommended buy for income investors despite a tough Q3 marked by declining financials and reduced investment activity. The company maintains a sustainable 10% dividend yield supported by strong liquidity, low le...
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 ...
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 ...
