Ares Capital About To Put More Money In Your Pocket (ARCC)

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.

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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:

Ares Capital Corporation 200 Day Moving Average Chart

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.


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