Ares Capital: A Top BDC For Turbulent Times

Abstract Aerial Art Ares Capital (NASDAQ:ARCC) reported better than expected results for the second fiscal quarter at the end of July and the business development company continues to see good balance sheet quality as well as a dividend that is well-supported by net investment income. Shares sold off this week, on fears over a recession, but Ares Capital's results for Q2'24 were solid in more ways than just one. New investments boomed, and I believe, from a fundamental point of view, that Ares Capital i ...