Ares Capital (ARCC) Declares $0.38 Quarterly Dividend; 8.7% Yield

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Go back to Ares Capital (ARCC) Declares $0.38 Quarterly Dividend; 8.7% Yield

Ares Capital Corporation Declares Second Quarter 2017 Dividend of $0.38 Per Share and Announces March 31, 2017 Financial Results

May 3, 2017 8:00 AM EDT

Second Quarter 2017 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, 2017 to stockholders of record as of June 15, 2017.

MARCH 31, 2017 FINANCIAL RESULTS

Ares Capital also announced financial results for its first quarter ended March 31, 2017.

HIGHLIGHTS

American Capital Acquisition

On January 3, 2017 (the "Acquisition Date"), Ares Capital completed the acquisition of American Capital, Ltd. ("American Capital") (the "American Capital Acquisition"). Ares Capital acquired $3.6 billion of assets,... More