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 company that had become attractively priced. The sale reflects his updated view on the stock, though he shares no plans to initiate new positions soon. This move highlights the dynamic nature of investing in high-yield stocks and the importance of reassessing holdings regularly.
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 ...
