ARCC - 7 Reasons Buying This 9.5%-Yielding Dividend Stock Could Be a Brilliant Move
2024-02-26 05:50:00 ET
There's a pretty good chance you've never heard of Ares Capital (NASDAQ: ARCC) . It's not the kind of stock that attracts a lot of attention. With a market cap of under $12 billion, Ares Capital is still small enough that it can fly under the radar screens of many investors.
However, I think that Ares Capital deserves a hard look, especially for income investors. Here are seven reasons buying this dividend stock could be a brilliant move.
I'll start with the obvious big plus for buying shares of Ares Capital -- its ultra-high dividend yield. The headline of this article referred to Ares as a "9.5%-yielding dividend stock." That's correct if we round down: Ares Capital's dividend yield currently stands at 9.58%.
For further details see:
7 Reasons Buying This 9.5%-Yielding Dividend Stock Could Be a Brilliant Move