Ares Capital (ARCC) Tops Q4 EPS by 3c

Ares Capital Corporation Declares First Quarter 2017 Dividend of $0.38 Per Share and Announces December 31, 2016 Financial Results

February 22, 2017 8:00 AM EST

First Quarter 2017 Dividend Declared

NEW YORK--(BUSINESS WIRE)-- Ares Capital Corporation (Ares Capital) (NASDAQ: ARCC) announced that its Board of Directors has declared a first quarter dividend of $0.38 per share, payable on March 31, 2017 to stockholders of record as of March 15, 2017.

DECEMBER 31, 2016 FINANCIAL RESULTS

Ares Capital also announced financial results for its fourth quarter and year ended December 31, 2016.

HIGHLIGHTS

Financial

  Q4-16   Q4-15   FY-16   FY-15 (dollar amountsin millions, except per share data) TotalAmount   PerShare(1) TotalAmount   PerShare(1) TotalAmount   PerShare(1) TotalAmount   PerShare(1) Core EPS(2) $ 0.42 $ 0.40 $ 1.61 $ 1.54 Net investment income $ 138 $ 0.44 $ 148 $ 0.47 $ 494 $ 1.57 $ 508 $ 1.61 Net realized gains $ 32... More