Ares Capital (ARCC) Declares $0.38 Quarterly Dividend; 10.1% Yield

Ares Capital Corporation Declares Second Quarter 2016 Dividend of $0.38 Per Share and Announces March 31, 2016 Financial Results

May 4, 2016 8:01 AM EDT

Second Quarter 2016 Dividend Declared

NEW YORK--(BUSINESS WIRE)-- Ares Capital Corporation (Ares Capital) (NASDAQ: ARCC) announced that its Board of Directors has declared a second quarter dividend of $0.38 per share, payable on June 30, 2016 to stockholders of record as of June 15, 2016.

MARCH 31, 2016 FINANCIAL RESULTS

Ares Capital also announced financial results for its first quarter ended March 31, 2016.

HIGHLIGHTS

Financial

        Q1-16     Q1-15 (dollar amounts in millions, except per share data)

TotalAmount

   

PerShare(1)

TotalAmount

   

PerShare(1)

Core EPS(2) $ 0.37 $ 0.37 Net investment income $ 112.7 $ 0.36 $ 121.7 $ 0.39 Net realized gains $... More