Ares Capital Corporation Aktie News

Ares Capital (NASDAQ:ARCC ) Q1 2024 Earnings Conference Call May 1, 2024 10:00 AM ET Company Participants John Stilmar - Partner, Co-Head of Public Markets IR Kipp DeVeer - CEO Scott Lem - CFO Mitch Goldstein - Co-President Kort Schnabel - Co-President, Los Angeles Conference Call Participants John Hecht - Jefferies Finian O'Shea - Wells Fargo Melissa Wedel - JPMorgan Casey Alexander - Compass ...

NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced that its Board of Directors has declared a second quarter 2024 dividend of $0.48 per share. The second quarter 2024 dividend is payable on June 28, 2024 to stockholders of record as of June 14, 2024. MARCH 31, 2024 FINANCIAL RESULTS Ares Capital also announced financial results for its first quarter en...

Ares Capital is the largest business development company in the world and has matched the S&P 500 total return in the last five years. 69% of the portfolio is held in floating loans, which would receive lower benchmark interest rates when rates begin to fall. Additionally, ARCC stock is trading at its 52-week-high. Based on a cyclical dividend at its peak, along with the aforementioned factors,...

Entering 2024, I wrote an article comparing Ares Capital with FS KKR Capital. While I was bullish on both, I decided to give a slight preference to FSK, given the higher potential for alpha that could stem from the portfolio recovery process. So far, ARCC has clearly outperformed FSK.

Hercules Capital and Ares Capital are two leading BDCs with jaw-dropping long-term returns. Energy Transfer and Enterprise Products Partners are both interesting opportunities in an otherwise volatile energy market.

Ares Capital has provided a total return slightly higher than the S&P 500 since December 2023. However, most of the returns are likely to come from the distribution only. The probability of rate cuts has decreased due to high inflation and a strong labor market, which is beneficial for BDCs like ARCC. ARCC's diversified portfolio and strong financials make it an attractive option for investors ...

The stock market has taken a concerning dive in recent weeks, and this downward trajectory may persist going forward, so it's time to consider stocks to buy before a market crash. Many investors are gripped by fears that interest rates will remain elevated for an extended period while inflation proves stubbornly resistant to coming down from 40-year highs.

Achieving long-term "equity returns" generally requires holding tight through periods of volatility. The "roller coaster" experience is worth it, as Nobel Prize winners and other researchers have demonstrated over the years. There is an alternative for investors seeking a smoother ride and a better night's sleep through market downturns.