Ares Capital's 9.0% Yield Is A No-Brainer

Henrik SorensenAres Capital (NASDAQ:ARCC) presented robust net investment income results for 2Q24 on Tuesday that showed that the business development company has no problems covering its $0.48 per share per quarter dividend payout with net investment income. As a matter of fact, Ares Capital’s dividend margin of safety improved 4 percentage points in the second quarter and Ares Capital’s portfolio enjoyed strong growth while its quality remained high. The First Lien representation also increased due to ...