What is Ares Capital Dividend Payout Ratio?
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Ares Capital's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.92.
The historical rank and industry rank for Ares Capital's Dividend Payout Ratio or its related term are showing as below:
ARCC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.91 Max: 1.47
Current: 0.67
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.
ARCC's Dividend Payout Ratio is ranked better than
55.45% of 990 companies
in the Asset Management industry
Industry Median: 0.75 vs ARCC: 0.67
As of today (2024-09-15), the Dividend Yield % of Ares Capital is 9.43%.
During the past 13 years, the highest Trailing Annual Dividend Yield of Ares Capital was 17.52%. The lowest was 7.31%. And the median was 9.27%.
Ares Capital's Dividends per Share for the 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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Ares Capital Dividend Payout Ratio Historical Data
The historical data trend for Ares Capital's Dividend Payout Ratio can be seen below:
* 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.
* Premium members only.
Ares Capital Dividend Payout Ratio Chart
| Ares Capital Annual Data | ||||||||||||||||||||
| Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
| Dividend Payout Ratio | Get a 7-Day Free Trial | 0.86 | 1.40 | 0.46 | 1.47 | 0.72 | ||||||||||||||
| Ares Capital Quarterly Data | ||||||||||||||||||||
| Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
| Dividend Payout Ratio | Get a 7-Day Free Trial | 0.81 | 0.55 | 0.69 | 0.63 | 0.92 | ||||||||||||||
Competitive Comparison of Ares Capital's Dividend Payout Ratio
For the Asset Management subindustry, Ares Capital's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ares Capital's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Ares Capital's Dividend Payout Ratio falls into.
Ares Capital Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Ares Capital's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as
| Dividend Payout Ratio | = | Dividends per Share (A: Dec. 2023 ) | / | EPS without NRI (A: Dec. 2023 ) |
| = | 1.92 | / | 2.68 | |
| = | 0.72 |
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 |
* 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 (NAS:ARCC) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Ares Capital Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of Ares Capital's Dividend Payout Ratio 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 » Dividend Payout Ratio
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 Appoints Kort Schnabel as Co-President and Michael Smith Joins Board of Directors
By Business Wire Business Wire • 10-25-2022
Ares Capital Corporation Prices Public Offering of $1.00 Billion 5.875% Unsecured Notes Due 2029
By Business Wire • 01-16-2024
Ares Capital Corp (ARCC) Announces Q3 2023 Financial Results: GAAP Net Income Per Share Quadruples Year-Over-Year
By GuruFocus Research • 10-24-2023
Ares Capital Corporation Announces Public Offering
By Business Wire Business Wire • 07-28-2022
Ares Capital Corporation to Present at the Raymond James 44th Annual Institutional Investors Conference
By Business Wire Business Wire • 03-01-2023
Ares Capital Corporation Schedules Earnings Release for the Fourth Quarter and Fiscal Year Ended December 31, 2023
By ACCESSWIRE • 01-03-2024
Ares Capital Corporation to Present at the Raymond James 43rd Annual Institutional Investors Conference
By Business Wire Business Wire • 03-04-2022
Ares Capital Corporation Schedules Earnings Release for the Second Quarter Ended June 30, 2022
By Business Wire Business Wire • 07-01-2022
Ares Capital Corporation to Present at the BofA Securities 2023 Financial Services Conference
By Business Wire Business Wire • 02-10-2023
Ares Capital Corporation Announces Public Offering
By Business Wire Business Wire • 11-07-2022
