What is Ares Capital 5-Year Dividend Growth Rate?
Ares Capital's Dividends per Share for the three months ended in Jun. 2024 was $0.48.
During the past 12 months, Ares Capital's average Dividends Per Share Growth Rate was 2.70% per year.During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year.During the past 5 years, the average Dividends Per Share Growth Rate was 4.00% per year.During the past 10 years, the average Dividends Per Share Growth Rate was 1.90% per year.Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ares Capital was 76.90% per year. The lowest was -5.70% per year. And the median was 1.70% per year.
Ares Capital's Dividend Payout Ratio for the threemonths ended in Jun. 2024 was 0.92. As of today, Ares Capital's Dividend Yield % is 9.42%.
Good Sign:
Ares Capital Corp stock dividend yield is close to 3-year high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Ares Capital's 5-Year Dividend Growth Rate
For the Asset Management subindustry, Ares Capital's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ares Capital's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ares Capital's 5-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Ares Capital's 5-Year Dividend Growth Rate falls into.
Ares Capital 5-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Ares Capital(NAS:ARCC) 5-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Ares Capital's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as
| Dividend Payout Ratio | = | Dividends per Share (Q: Jun. 2024 ) | / | EPS without NRI (Q: Jun. 2024 ) |
| = | 0.48 | / | 0.52 | |
| = | 0.92 |
During the past 13 years, the highest Dividend Payout Ratio of Ares Capital was 1.47. The lowest was 0.46. And the median was 0.91.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Ares Capital Recent Full-Year* Dividend History
| Amount | Ex-date | Record Date | Pay Date | Type | Frequency | Forex Rate |
|---|---|---|---|---|---|---|
| USD 0.480000 | 2024-09-13 | 2024-09-13 | 2024-09-30 | Cash Dividend | quarterly | USD:USD 1.000000 |
| USD 0.480000 | 2024-06-14 | 2024-06-14 | 2024-06-28 | Cash Dividend | quarterly | USD:USD 1.000000 |
| USD 0.480000 | 2024-03-14 | 2024-03-15 | 2024-03-29 | Cash Dividend | quarterly | USD:USD 1.000000 |
| USD 0.480000 | 2023-12-14 | 2023-12-15 | 2023-12-28 | Cash Dividend | quarterly | USD:USD 1.000000 |
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Ares Capital's Dividend Yield (%) for Today is calculated as
| Dividend Yield % | = | Most Recent Full Year Dividend | / | Current Share Price |
| = | 1.92 | / | 20.3199 | |
| = | 9.45 % |
Current Share Price is $20.3199.
Ares Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.92.
During the past 13 years, the highest Dividend Yield of Ares Capital was 17.52%. The lowest was 7.31%. And the median was 9.27%.
Good Sign:
Ares Capital Corp stock dividend yield is close to 3-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ares Capital 5-Year Dividend Growth Rate Related Terms
Thank you for viewing the detailed overview of Ares Capital's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Ares Capital Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Financial Services » Asset Management » Ares Capital Corp (NAS:ARCC) » Definitions » 5-Year Dividend Growth Rate
Comparable Companies
CG BEN OWL CRBG SEIC NTRS PFG IVZ HLNE JHG BLK KKR BX OSTO:INVE A TSX:BN APO BK AMP LSE:III OSTO:EQT
Traded in Other Exchanges
0HHP:UK 9A2:Germany 9A2:Germany 9A2:Germany
Address
245 Park Avenue, 44th Floor, New York, NY, USA, 10167
Website
Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing primarily in U.S. middle-market companies with investment opportunities as well as in larger companies. Its portfolio comprises of first lien senior secured loans, second lien senior secured loans, and mezzanine debt (subordinated unsecured loan), which may include equity components that are diversified by industry and sector. The company may invest in preferred and common equity investments to a lesser proportion. Its revenue mainly consists of interest and dividend income received from the investment made.
Executives
| Michael Kort Schnabel | officer: Co-President | 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Penelope F Roll | officer: Chief Financial Officer | |
| Jana Markowicz | officer: Chief Operating Officer | 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Mary Beth Henson | director | 130 EAST 75TH STREET, APT 7C, NEW YORK NY 10021 |
| Steven B. Mckeever | director | 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Michael J Arougheti | officer: President | 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Michael Lewis Smith | officer: Executive Vice President | 245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167 |
| Joshua M Bloomstein | officer: Gen. Counsel, VP & Asst. Secr. | C/O ARES MANAGEMENT LLC, 280 PARK AVENUE, 22ND FL EAST, NEW YORK NY 10017 |
| R. Kipp Deveer | officer: President | 245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167 |
| Eric B Siegel | director | 123 W MILLS, EL PASO TX 79901 |
| Michael K Parks | director | 123 W MILLS, EL PASO TX 79901 |
| Robert L Rosen | director | 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Steve Bartlett | director | 7711 CARONDELET AVE, SUITE 800, ST LOUIS MO 63105 |
| Kelly Daniel G Jr | director | 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Bates Ann Torre | director | 300 CONTINENTAL DRIVE, NEWARK DE 19713 |
Ares Capital Headlines
From GuruFocus
Ares Capital Corporation to Present at the BofA Securities 2023 Financial Services Conference
By Business Wire Business Wire • 02-10-2023
Ares Capital Corporation Appoints Scott Lem as Chief Financial Officer
By Business Wire • 11-09-2023
Ares Capital Corporation Announces Public Offering
By Business Wire Business Wire • 07-28-2022
Ares Capital Corporation Prices Public Offering of $600 Million 7.000% Unsecured Notes Due 2027
By Business Wire • 07-27-2023
Ares Capital Corporation Announces Tax Reporting Information for Calendar Year 2022
By Business Wire Business Wire • 01-31-2023
Ares Capital Corporation Announces Public Offering
By Business Wire Business Wire • 11-07-2022
Ares Capital Corporation Increases and Extends Its Revolving Credit Facility
By Business Wire Business Wire • 04-05-2022
Ares Capital Corporation Prices Public Offering
By Business Wire Business Wire • 07-29-2022
Ares Capital Corporation Announces June 30, 2023 Financial Results and Declares Third Quarter 2023 Dividend of $0.48 Per Share
By Business Wire • 07-25-2023
Ares Capital Corporation Schedules Earnings Release for the Second Quarter Ended June 30, 2023
By Business Wire • 07-06-2023
