Darren415 Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market. We also try to add some historical context as well as relevant themes that look to be driving the market or that investors ought to be mindful of. This update covers the period through the fourth week of Februar ...

Ares Capital Corporation (NASDAQ:ARCC) UBS Financial Services Conference Transcript February 27, 2024 12:10 PM ET Executives Kipp deVeer - Chief Executive Officer Scott Lem - Chief Financial Officer Analysts Vilas Abraham - UBS Vilas Abraham Hi, everybody. Thanks for joining us today. I’m Vilas Abraham, the BDC analyst here at UBS. And for this session, I am pleased to be joined by Mr. Kipp deVeer, the CEO of Ares Capital Corporation and Head of Ares Credit Group; as well as Scott Lem, the newly appointed C ...

Ares Capital Corporation (NASDAQ:ARCC) UBS Financial Services Conference Transcript February 27, 2024 12:10 PM ET Executives Kipp deVeer - Chief Executive Officer Scott Lem - Chief Financial Officer Analysts Vilas Abraham - UBS Vilas Abraham Hi, everybody. Thanks for joining us today. I’m Vilas Abraham, the BDC analyst here at UBS. And for this session, I am pleased to be joined by Mr. Kipp deVeer, the CEO of Ares Capital Corporation and Head of Ares Credit Group; as well as Scott Lem, the newly appointed C ...

There's a pretty good chance you've never heard of Ares Capital (ARCC). It's not the kind of stock that attracts a lot of attention. With a market cap of under $12 billion, Ares Capital is still small enough that it can fly under the radar screens of many investors.However, I think that Ares Capital deserves a hard look, especially for income investors. Here are seven reasons buying this dividend stock could be a brilliant move.1. An ultra-high dividend yieldI'll start with the obvious big plus for buying s ...

anyaberkut/iStock via Getty Images In this article, we discuss the latest quarterly results from the Business Development Company Ares Capital (NASDAQ:ARCC). The company delivered a strong 3.9% total NAV return over the quarter as well as a rise in core earnings. ARCC trades at a 9.5% dividend yield and has a core earnings yield of 12.5%. Its valuation is 105% as of this writing. The portfolio sector allocation is fairly typical of BDCs with software and healthcare being the key areas. It has a lower first- ...

PM ImagesAres Capital (NASDAQ:ARCC) is a strong BDC with a long history of offering investors a relatively stable dividend yield. More recently, some concern has arisen over the likely impact of rate cuts on its net investment income (NII). Furthermore, there is growing concern over potential increases in non-accruals at BDCs such as ARCC. While ARCC has historically managed its portfolio prudently, recent trends suggest a potential rise in defaults among underlying portfolio companies. This phenomenon ...

Ares Capital (NASDAQ:ARCC) Bank of America Securities 2024 Financial Services Conference Call February 21, 2024 12:50 PM ET Company Participants Kort Schnabel - Co-President, Los Angeles Conference Call Participants Derek Hewett - Bank of America Merrill Lynch Derek Hewett Good afternoon. I'm Derek Hewett from Bank of America Securities. I cover the Specialty Finance sector, including Business Development companies. With us today is, Kort Schnabel, he is Co-President of Ares Capital Corporation and also a p ...

Ares Capital (NASDAQ:ARCC) Bank of America Securities 2024 Financial Services Conference Call February 21, 2024 12:50 PM ET Company Participants Kort Schnabel - Co-President, Los Angeles Conference Call Participants Derek Hewett - Bank of America Merrill Lynch Derek Hewett Good afternoon. I'm Derek Hewett from Bank of America Securities. I cover the Specialty Finance sector, including Business Development companies. With us today is, Kort Schnabel, he is Co-President of Ares Capital Corporation and also a p ...

JONGHO SHINAres Capital (NASDAQ:ARCC) operates as a business development corporation (BDC) lending into both distressed and middle-market businesses. It uses leverage to enhance returns. As with some BDCs, many of Ares' investment instruments contain floating rate clauses for both investments and debt. The two tend to increase and decrease with changing marketplace interest rates, but the movement is biased. In Ares' case, the return bias leans toward higher with higher rates and vice versa. The Chairma ...

tadamichi Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market. We also try to add some historical context as well as relevant themes that look to be driving the market or that investors ought to be mindful of. This update covers the period through the second week of Februar ...