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 news coverage focuses on quarterly earnings reports that detail net investment income, portfolio performance, and distribution announcements critical to income investors. As one of the largest business development companies, ARCC's financial results and management commentary provide insight into middle-market lending conditions and private credit markets.
The company generates news through dividend declarations, which occur quarterly as required by BDC regulations mandating distribution of substantially all taxable income. Coverage also includes portfolio activity announcements, new investment originations, and exits from mature positions. These developments reveal how the company deploys capital across industries and economic cycles.
Investor presentations and conference participation produce news about Ares Capital's investment strategy, market outlook, and portfolio credit quality. Management discusses factors affecting net asset value, including fair value adjustments and portfolio company performance trends. This commentary helps investors understand how economic conditions impact the middle-market lending environment.
Bond issuances and credit facility amendments generate coverage of the company's funding strategy and cost of capital. As a leveraged investment vehicle, Ares Capital's ability to access attractively priced debt financing directly affects returns on shareholder equity. News about rating agency actions and refinancing activity provides context on the company's financial flexibility and leverage management.
Ares Capital Corporation has announced an increase in its Revolving Credit Facility commitments to approximately
Ares Capital Corporation (NASDAQ: ARCC) announced it will report its first-quarter earnings for the period ending March 31, 2022, on April 26, 2022, before the Nasdaq market opens. A conference call will follow at 10:00 AM (ET) to discuss the results. Interested participants can join via telephone or through a live webcast available on Ares Capital's website. The company is the largest publicly traded business development company and focuses on providing loans and investments to middle market companies in the U.S.
Ares Capital Corporation (NASDAQ:ARCC) has appointed Mary Beth Henson as an independent director, expanding its Board from nine to ten members. With over 30 years of financial leadership experience, Ms. Henson's background includes roles as CFO at the National Audubon Society and VP of Finance at City Harvest. Ares Capital's Co-Chairmen, Michael Arougheti and Bennett Rosenthal, believe her expertise will enhance long-term value for stakeholders. CEO Kipp deVeer also expressed confidence in her contribution to the Board's strategic goals.
Ares Capital Corporation (NASDAQ:ARCC) announced that CFO Penni Roll will present at the Raymond James & Associates' 43rd Annual Institutional Investors Conference on March 8, 2022, at 7:30 AM ET in Orlando, Florida. A live audio webcast will be available on the company's website, and a replay will follow shortly after the event. Founded in 2004, Ares Capital specializes in providing direct loans and investments in private middle-market companies in the U.S., focusing on high-quality borrowers for economic growth. As of December 31, 2021, it is the largest publicly traded BDC by market capitalization.
Ares Capital Corporation (ARCC) announced that CEO Kipp deVeer will present at the RBC Capital Markets Financial Institutions Virtual Conference on March 8, 2022, at 2:00 PM ET. Investors can access a live audio webcast on the company’s website, with a replay available afterward. Founded in 2004, Ares Capital focuses on providing direct loans and investments in U.S. private middle market companies, aiming for capital growth and current income for investors. As of December 31, 2021, it is the largest publicly traded business development company by market capitalization.
Ares Capital Corporation (NASDAQ: ARCC) has declared a first quarter dividend of $0.42 per share, payable on March 31, 2022, to stockholders of record by March 15, 2022. Additionally, it announced a total of $0.12 in extra dividends for 2022, distributed quarterly. For Q4 2021, Ares Capital recorded a core EPS of $0.58, GAAP net income per share of $0.83, and total assets of $20.84 billion. The company also reported increased portfolio investments, reaching $20.01 billion at fair value. Strong credit quality positions Ares Capital favorably for future growth.
Ares Capital Corporation (NASDAQ:ARCC) announced the tax treatment of its 2021 common stock distributions. The total paid per share is $1.6200, with ordinary income at $1.5737 (97.142% of total dividends) and interest-related dividends designated. No portion qualifies as capital gain dividends. Record dates for distributions were on 3/15, 6/15, 9/15, and 12/15 of 2021, with payable dates following shortly. Investors are advised to consult tax advisors for specific guidance.
Ares Capital Corporation (Nasdaq: ARCC) has announced a public offering of 10,000,000 shares of its common stock, with an option for underwriters to purchase an additional 1,500,000 shares. The offering is made under a shelf registration statement filed with the SEC on June 3, 2021. Proceeds from the offering will be used to repay outstanding debt and for general corporate purposes, including investments in portfolio companies. Investors should review the preliminary prospectus supplement dated January 12, 2022, for detailed information.
Ares Capital Corporation (Nasdaq: ARCC) has announced a public offering of $500 million in 2.875% notes due June 15, 2027. The notes may be redeemed at Ares Capital's option at par plus a make-whole premium. The offering is led by BofA Securities and J.P. Morgan, among others, and is expected to close on January 13, 2022. Ares Capital plans to use the net proceeds to repay outstanding indebtedness and for general corporate purposes, including investing in portfolio companies. Investors are urged to review the investment objectives and risks carefully before participating.
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