On Location at My No. 1 A.I. Stock Pick

In this video, I go on location to share the name, ticker symbol, and story behind my #1 A.I. stock pick. I can almost guarantee you've never heard of this company -- but soon you, your friends, and your family will likely all be using it.

Ares Capital Corporation
NASDAQ:ARCC
$20.83

Financials

Curr Year EPS Estimate1.72
Next Quarter EPS Estimate0.41
Profit Margin0.32
Return on Assets0.05
Return on Equity0.07
Revenue1,511,000,064
Earnings Per Share1.14
Revenue Per Share3.56
Gross Profit1,511,000,000
Quarterly Revenue Growth0.14

General

NameAres Capital Corporation
TickerARCC
ExchangeNASDAQ
SectorFinancial Services
IndustryAsset Management
CurrencyUSD
CountryUSA
Fiscal Year EndDecember

About Ares Capital Corporation

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.

Dividend

Ares Capital Corporation pays out a dividend of $1.60 per share, with a dividend yield of 8.74%.

ARCC's last dividend payment was made to shareholders on December 28, 2018.

They pay out 85.56% of their earnings out as a dividend.

Recent Dividends

Mar 29, 2024$0.48
Dec 28, 2023$0.48
Sep 29, 2023$0.48
Jun 30, 2023$0.48
Mar 31, 2023$0.48
Dec 29, 2022$0.48
Sep 30, 2022$0.43
Jun 30, 2022$0.03
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