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Ares Capital Corporation Declares Third Quarter Dividend Of $0.38 Per Share And An Additional Dividend Of $0.05 Per Share And Announces June 30, 2012 Financial Results

Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced that its Board of Directors has declared a third quarter dividend of $0.38 per share and an additional dividend of $0.05 per share, both payable on September 28, 2012 to stockholders of record as of September 14, 2012.

JUNE 30, 2012 FINANCIAL RESULTS

Ares Capital also announced financial results for its second quarter ended June 30, 2012.

HIGHLIGHTS

Financial

  Q2-12   Q2-11
Total   Per Total   Per
(in millions, except per share data) Amount Share(1) Amount Share(1)
Core EPS (2) $ 0.40 $ 0.33
Net investment income $ 87.9 $ 0.40 $ 43.8 $ 0.21
Net realized losses $ (41.6 ) $ (0.19 ) $ (16.8 ) $ (0.08 )
Net unrealized gains $ 44.6 $ 0.20 $ 10.0 $ 0.05
GAAP net income $ 90.9 $ 0.41 $ 36.9 $ 0.18
Dividends declared 0.37 0.35
 
  As of June 30,
(in millions, except per share data) 2012   2011
Portfolio investments at fair value $ 5,504.8 $ 4,643.2
Total assets $ 5,807.5 $ 4,911.5
Stockholders’ equity $ 3,446.5 $ 3,134.3
Net assets per share $ 15.51 $ 15.28
 

(1) All per share amounts are basic and diluted.

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