Looking at the universe of stocks we cover at Dividend Channel, on 12/12/13, Ares Capital Corporation (ARCC) will trade ex-dividend, for its quarterly dividend of $0.38, payable on 12/31/13. As a percentage of ARCC's recent stock price of $17.64, this dividend works out to approximately 2.15%, so look for shares of Ares Capital Corporation to trade 2.15% lower — all else being equal — when ARCC shares open for trading on 12/12/13.
Below is a dividend history chart for ARCC, showing historical dividends prior to the most recent $0.38 declared by Ares Capital Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ARCC is likely to continue, and whether the current estimated yield of 8.62% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ARCC shares, versus its 200 day moving average:Looking at the chart above, ARCC's low point in its 52 week range is $16.15 per share, with $18.67 as the 52 week high point — that compares with a last trade of $17.64.
According to the ETF Finder at ETF Channel, ARCC makes up 14.11% of the BDC Income ETF (BIZD) which is trading lower by about 0.8% on the day Tuesday. In Tuesday trading, Ares Capital Corporation shares are currently down about 3.5% on the day.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts