Welcome to our dedicated page for Ares Capital news (Ticker: ARCC), a resource for investors and traders seeking the latest updates and insights on Ares Capital stock.
Ares Capital Corporation (ARCC) provides investors and financial professionals with comprehensive updates on its middle-market financing activities. This centralized resource aggregates official announcements, strategic developments, and operational milestones from the leading business development company.
Access timely information about ARCC's senior secured lending practices, mezzanine debt investments, and portfolio management strategies. The curated collection includes earnings reports, regulatory disclosures, partnership announcements, and leadership updates – all essential for understanding the company's position in specialty finance markets.
Our news archive serves as a strategic tool for monitoring ARCC's risk management approaches, dividend declarations, and capital allocation decisions. Bookmark this page for direct access to primary source materials that inform investment analysis and market research.
Ares Capital Corporation (NASDAQ:ARCC) has announced the tax treatment of its 2022 common stock distributions. The record date for the distributions was March 15, 2022, with a payable date of March 31, 2022. A total of $1.8700 was paid per share, with ordinary income of $1.73809 and interest-related dividends at $0.05824. On June 15, September 15, and December 15, 2022, further distributions were announced, with totals of $0.4500, $0.4600, and $0.5100 per share, respectively. Notably, 100% of the dividends paid per share qualify as ordinary income, with no capital gain dividends. Investors are advised to consult tax professionals regarding specifics.
Ares Capital Corporation (NASDAQ: ARCC) appointed Jana Markowicz as its Chief Operating Officer (COO). This position is newly created, and she will also serve as COO for Ares Management's U.S. Direct Lending strategy. Markowicz has been with Ares since 2005 and has played a significant role in the growth of its Direct Lending strategy. Kipp deVeer, CEO of Ares Capital, expressed confidence that her leadership will enhance their market position and long-term value for shareholders. Ares Capital is a leading specialty finance company focused on private middle market companies in the U.S.
Ares Capital Corporation (Nasdaq: ARCC) announced a public offering of 9,000,000 shares of its common stock, with an option for underwriters to purchase an additional 1,350,000 shares. The offering utilizes Ares Capital’s existing shelf registration statement filed with the SEC. Major underwriters include Morgan Stanley, BofA Securities, and UBS Investment Bank. The net proceeds are expected to reduce outstanding debt and potentially support general corporate activities. Investors should review the preliminary prospectus for details on risks and investment objectives.
Ares Capital Corporation (NASDAQ: ARCC) will report its earnings for the fourth quarter and fiscal year ending December 31, 2022, on February 7, 2023, before the market opens. A webcast and conference call will take place at 12:00 p.m. (Eastern Time) the same day to discuss the financial results. Ares Capital focuses on providing financing to private middle market companies, aiming for attractive current income and capital appreciation for investors. Ares Capital is the largest publicly traded business development company by market capitalization as of December 31, 2022.
Ares Capital Corporation (NASDAQ: ARCC) has announced a public offering of 8,000,000 shares of its common stock, with an option for underwriters to purchase an additional 1,200,000 shares. The offering will utilize Ares Capital's shelf registration statement effective since June 3, 2021. The net proceeds will be used to repay outstanding debt, with potential re-borrowing for general corporate purposes. This offering may impact existing shareholders due to dilution. Major banks involved include Morgan Stanley, BofA Securities, and UBS Investment Bank.
Ares Capital Corporation (NASDAQ: ARCC) has appointed Kort Schnabel as Co-President, while Michael Smith transitions to the Board of Directors. Schnabel, a longstanding member of Ares since 2001, was pivotal in the firm's U.S. direct lending strategy. CEO Kipp deVeer emphasizes Schnabel's critical role in the company’s growth. The Board welcomes Smith, highlighting his contributions since Ares’ 2004 IPO, during which the company has achieved nearly double the stock-based returns of the S&P 500. Ares Capital focuses on private middle-market investments to generate attractive returns.
Ares Capital Corporation (NASDAQ: ARCC) declared a fourth quarter dividend of $0.48 per share, payable on December 29, 2022, with record date on December 15, 2022. The company reported a Q3 2022 core EPS of $0.50, up from $0.47 in Q3 2021, while GAAP net income per share decreased to $0.21 from $0.73. Total net investment income was $288 million, compared to $184 million year-over-year. Ares capital made new investment commitments of $2.2 billion in Q3 2022, indicating strong activity despite market conditions.
Ares Capital Corporation (NASDAQ: ARCC) will report its third quarter earnings for the period ending