Ares Capital: Another Strong Quarter For This Upper Middle-Market BDC
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Ares Capital Corporation (ARCC) reported a strong quarter with a 3.3% total NAV return, an 8.25% dividend yield, and a core earnings yield of 9.4%. The NAV increased to a record $19.89, marking the seventh consecutive quarterly rise. The company has a diversified portfolio and recently acquired Riverside Credit Solutions.
February 23, 2025 | 10:45 am
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Ares Capital Corporation reported a strong quarter with a 3.3% total NAV return and an 8.25% dividend yield. The NAV increased to a record $19.89, marking the seventh consecutive quarterly rise. The company has a diversified portfolio and recently acquired Riverside Credit Solutions.
The strong quarterly performance, record NAV, and high dividend yield are positive indicators for ARCC. The acquisition of Riverside Credit Solutions suggests strategic growth, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100