Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the development of national SOE financing guidelines and framework for channeling private capital into affordable housing stock. Roberts is a CFA Charterholder, ESG inves ...

Get The Entire Cache of Ben Graham Dividend Dog StoriesClick here to subscribe to The Dividend Dogcatcher. Get more information, the follow-up to this article, and a free two week trial.Catch A Dog On Facebook at 9:45AM every NYSE trade day on Facebook/Dividend Dog Catcher, Fredrik Arnold posts live video highlighting a portfolio candidate in his Underdog Daily Dividend Show!Root for the Underdog. Comment below on all your favorite, least favorite, or curiosity stock tickers to make them eligible for inclus ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ARCC, OBDC, BXSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to w ...

Core Insights - The article discusses the investment positions held by the analyst in specific companies, indicating a long position in ARCC, OBDC, and BXSL, which suggests a positive outlook on these stocks [1]. Group 1 - The analyst has a beneficial long position in the shares of ARCC, OBDC, and BXSL, indicating confidence in their future performance [1]. - The article emphasizes that the opinions expressed are solely those of the analyst and not influenced by external compensation [1].

Core Insights - Ares Capital reported strong financial results for 2025, achieving record levels of new investment commitments and maintaining a stable dividend yield of 10% [1][2] Financial Performance - In Q4, Ares Capital generated $0.50 per share in core earnings, exceeding its quarterly dividend of $0.48 per share, continuing a trend of core earnings surpassing dividend payments [2] - For the full year, core earnings were reported at $2.01 per share, which also covered the $1.92 per share in dividends paid [2] Investment Commitments - Ares Capital made $5.8 billion in new investment commitments in Q4 across 30 new portfolio companies and 84 existing ones, with 80% being first-lien, senior-secured loans [3] - The company exited $4.7 billion in investment commitments during the same period, resulting in a record total of $15.8 billion in gross commitments for the year, while exiting $12.1 billion [3] Portfolio Valuation - The investment portfolio was valued at $29.5 billion at year-end, an increase from $26.7 billion at the end of 2024, encompassing 602 portfolio companies [4] Balance Sheet Strength - Ares Capital enhanced its balance sheet by adding a record $4.5 billion in new debt commitments while maintaining sufficient liquidity for new investments [5] Early 2026 Performance - The company has made $1.4 billion in new investment commitments through late January 2026, with $709 million in commitments exited, and has an additional $2.2 billion in potential investments in its backlog [6] - Ares Capital estimates carrying forward $1.38 per share of excess taxable income from the previous year for distribution in 2026, providing a cushion for its dividend payments [7]

Key Takeaways Ares Capital shares rose 2.3% as Q4 core EPS met estimates despite a 9.1% yearly decline.Ares Capital Q4 total investment income increased 4.5% to $793M, helped by fees and interest.Ares Capital made $5.83B in Q4 gross commitments and exited $4.75B, with a $29.5B portfolio.Shares of Ares Capital Corporation (ARCC) gained 2.3% following the announcement of fourth-quarter and full-year 2025 results. Quarterly core earnings of 50 cents per share met the Zacks Consensus Estimate. The bottom line f ...

The answer: It's unclear, but AI's development will involve volatility. After a broad selloff on Tuesday that saw the S&P 500 software and services index fall nearly 4%, the sector slipped another 0.73% on Wednesday, notching the sixth straight session of losses and wiping out about $830 billion in market value since January 28.Software stocks have been under pressure in recent months as AI has gone from a tailwind ‌for many of these companies ‌to a possible disruption. The latest selloff was triggered by ...

Looking ahead, Lem said changes in base rates typically take about a quarter to be fully reflected in results, and the decline in base rates during the fourth quarter is expected to create roughly $0.01 per share of earnings headwind in the first quarter of 2026, “assuming all else equal.” He also reminded investors that origination volumes and related capital structuring service fees tend to be seasonally slower in the first quarter than in the fourth.Core earnings per share were $0.50 in the fourth quarte ...

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Certain information discussed in this conference call, as well as the accompanying slide presentation, including credit ratings and information related to portfolio companies, was derived from or obtained from third-party sources that have not been independently verified, and, accordingly, the company makes no representation or warranty with respect to this information. The company's fourth quarter and year-end 2025 earnings presentation can be found on the company's website at www.arescapitalcorp.com by cl ...