Ares Capital: Dividend Looks Secure

martin-dmAres Capital (NASDAQ:ARCC) is a solid BDC with a long track record of good performance. However, at current levels and with the Fed set to cut rates, the stock looks more like a “Hold.” Company Profile ARCC is a business development company ("BDC") that invests in the debt and equity of middle-market companies. The firm primarily likes to invest in first lien senior secured debt and second lien senior secured debt; however, it will also invest in other types of debt, equity, and preferred share ...