What kind of company is ARCC?
What kind of company is ARCC?
Ares Capital Corporation (NASDAQ: ARCC) is a market-leading Business Development Company and one of the largest direct lenders in the U.S.(1) Our dynamic global platform combines powerful origination capabilities and extensive knowledge to deliver comprehensive solutions to meet the distinct and underserved financing …
What companies does Ares Capital own?
Portfolio of Investments
| Company/Description | Region | Industry |
|---|---|---|
| ADF Capital, Inc., ADF Restaurant Group, LLC, and ARG Restaurant Holdings, Inc. Restaurant owner and operator | Mid Atlantic | Consumer Services |
| ADG, LLC and RC IV GEDC Investor LLC Dental services provider | Midwest | Health Care Services |
Is Ares Capital a good stock?
The financial health and growth prospects of ARCC, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
What is Ares Capital Corporation?
Ares Capital Corporation is a management investment company. The Company seeks to generate both income and capital appreciation through debt and equity investments by primarily investing in U.S. middle market companies.
Is ARCC stock a buy?
Out of 6 analysts, 1 (16.67%) are recommending ARCC as a Strong Buy, 4 (66.67%) are recommending ARCC as a Buy, 1 (16.67%) are recommending ARCC as a Hold, 0 (0%) are recommending ARCC as a Sell, and 0 (0%) are recommending ARCC as a Strong Sell. What is ARCC’s earnings growth forecast for 2021-2023?
How are BDC dividends taxed?
As Regulated Investment Companies, BDCs aren’t considered taxable entities. In exchange for this favorable tax treatment, however, a BDC must distribute at least 90% of its taxable income to shareholders as ordinary dividends each year. Since they retain very little of their earnings, BDCs don’t pay corporate taxes.
Is Ares a good firm?
Company Culture at Ares Management 91% of employees at Ares Management say it is a great place to work compared to 59% of employees at a typical U.S.-based company. Our facilities contribute to a good working environment. Management is honest and ethical in its business practices.
Who is the CEO of Ares?
Michael Arougheti
Mr. Arougheti is Co-Founder, Chief Executive Officer and President, as well as a Director of Ares Management Corporation. He serves on the Ares Executive Management Committee.
Is Newt a buy or sell?
A P/B of 1 means it’s selling at its per share book value….Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 25.60% |
| 2 | Buy | 19.21% |
| 3 | Hold | 10.85% |
| 4 | Sell | 6.62% |
How often does Ares Capital pay dividends?
4 dividends per year
Dividend Summary There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.1.
What stock has the biggest dividend?
Dividend Aristocrat Companies With the Highest Dividends
| Company | Dividend yield |
|---|---|
| AT (T) | 6.93% |
| T Rowe Price (TROW) | 6.15% |
| ExxonMobil (XOM) | 5.80% |
| Chevron (CVX) | 5.05% |
Do BDCs issue K 1s?
BDCs report income to investors as dividends on a 1099 form rather than the K-1 used by partnerships.
What’s the stock price of Ares Capital Corporation?
With the current economic risks brought on by the COVID-19 pandemic, […] Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $850 million in aggregate principal amount of 2.875% notes due 2028.
What does Ares Capital do for a living?
Ares Capital is able to leverage the power of the broader Ares platform to access resources, relationships and significant capital markets, trading and research experience to provide ARCC with attractive investment opportunities.
When does Ares Capital Report second quarter earnings?
NEW YORK, July 02, 2021–Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced today that it will report earnings for the second quarter ended June 30, 2021 on Wednesday, July 28, 2021 prior to the opening of the Nasdaq Global Select Market.
What kind of companies are in ARCC’s portfolio?
The portfolio companies in the SDLP are in industries similar to companies in ARCC’s portfolio. (3) Includes ARCC’s investment in the SDLP, which represented 6.9% of the total investment portfolio at fair value as of March 31, 2021. Provider of vehicle service contracts and limited warranties for passenger vehicles