Ares Capital (ARCC) Declares $0.38 Quarterly Dividend; 9.5% Yield

Ares Capital Corporation Declares Fourth Quarter 2017 Dividend of $0.38 Per Share and Announces September 30, 2017 Financial Results

November 2, 2017 8:04 AM EDT

Fourth Quarter 2017 Dividend Declared

NEW YORK--(BUSINESS WIRE)-- Ares Capital Corporation (Ares Capital) (NASDAQ: ARCC) announced that its Board of Directors has declared a fourth quarter dividend of $0.38 per share, payable on December 29, 2017 to stockholders of record as of December 15, 2017.

SEPTEMBER 30, 2017 FINANCIAL RESULTS

Ares Capital also announced financial results for its third quarter ended September 30, 2017.

HIGHLIGHTS

Financial

  Q3-17   Q3-16 (dollar amounts in millions, except per share data) Total Amount   Per Share(1) Total Amount   Per Share(1) Core EPS(2) $   0.36 $   0.43 Net investment income $   153 $ 0.36 $   138 $ 0.44 Net realized gains $ 35 $... More