Ares Capital Corporation (ARCC)
2 BDCs That Will Likely Fare Better In A Recession
Despite recession fears, I plan to hold Business Development Companies due to their strong fundamentals despite being considered riskier investments. Unemployment has risen, fueling recession fears, but I believe the economy is just slowing as interest rate hikes are being felt throughout the economy. Ares Capital and Blackstone Secured Lending are two BDCs that, I think, should fare better in a recession for the reasons listed in the article.
Want to Earn $1,000 in Annual Dividend Income? Invest $11,300 in These 3 High-Yield Stocks
The investments Pfizer made with buckets of COVID-19 profits could allow its 15-year, dividend-raising streak to continue. PennantPark Floating Rate Capital is a business development company that offers a dividend yield above 11% at recent prices.
Ares Capital: Fees And Diversification Drive Strong Q2
ARCC delivered a solid 2.9% total NAV return over the quarter. It trades at a 9.2% dividend yield and 11.7% core earnings yield. Portfolio sector allocation includes software and healthcare, with a focus on larger companies and lower first-lien portfolio compared to average BDCs. Core net investment income increased due to higher leverage and a jump in fees.
Grab These 4 High-Yield Dividend Stock August Bargains Now
24/7 Wall St. Insights Interest rates have plunged, and dividend stocks got hit during the sell-off.
Dividend Harvesting Portfolio Week 179: $17,900 Allocated, $1,638.21 In Projected Dividends
The market experienced volatility due to big tech earnings, Fed meeting, and rising unemployment, leading to S&P and Nasdaq declines. Dividend Harvesting Portfolio profitability only retraced by 0.81% despite the market downturn, with $61.95 in dividends generated in week 179. Portfolio composition includes diverse sectors with a focus on generating recurring income while mitigating downside risk, with REITs under 20%.
Recession Alert: Defensively-Positioned 11%+ Yields For August 2024
Markets are in turmoil due to a troubling US jobs report. This is creating attractive opportunities in high-yield and dividend-growth stocks. We share two attractive investment grade and defensively positioned opportunities that offer 11%+ dividend yields.
Ares Capital: The Pros And Cons After Q2 FY24 Results (Rating Upgrade)
As the signs indicated last quarter, investment activity has been strong. However, on a run-rate basis, I believe it is slowing down in Q3 FY24. As expected, Ares Capital's yields seem to be peaking. Yields on incremental deals signed in July 2024 have been 40bps lower than company average levels. The chances of a rate cut have dramatically increased in recent days. Ares Capital, with its higher floating rate debt exposure, is well positioned to benefit.
Investors Heavily Search Ares Capital Corporation (ARCC): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Ares Capital (ARCC). This makes it worthwhile to examine what the stock has in store.
Investing $100,000 in These 7 High-Yield Dividend Stocks Could Generate Over $7,000 in Annual Passive Income
These great sources of passive income include a business development company, three midstream energy leaders, a telecom giant, a renewable energy provider, and a big drugmaker. They offer dividend yields of between 5.5% and 9.2%.
2 Ultra-High-Yield Dividend Stocks to Buy in August and Hold at Least a Decade
Dividend-paying stocks tend to outperform their non-dividend-paying cousins. Shares of Pfizer offer a high yield, even though sales of the company's non-COVID drugs are climbing by a double-digit annual percentage.
Ares Capital: As The Company And Industry Grow, So Do The Risks
Private credit has grown over the past five years, more than doubling industry AUM and creating new challenges for asset managers. Ares Capital (ARCC) is the largest business development company by market capitalization, managed by Ares Management (ARES), the world's largest direct lender. Incentivized by increasing management fees, ARCC has similarly doubled its enterprise value in the past five years, capitalizing on industry tailwinds and the growth of alternative lending.
Ares Capital's 9.0% Yield Is A No-Brainer
Ares Capital showed strong net investment income results for 2Q24, covering its dividend payout with a 4% improvement in dividend margin of safety. The company's portfolio focused on First Liens, with strong origination activity leading to an 8% growth in portfolio value. Ares Capital's stock sells at a 9% premium to net asset value, making it a 'Buy' for passive income investors due to high dividend coverage and quality loans.
