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home / news releases / MAIN - Ares Capital: A 9.2% Yielding BDC Cash Cow

MAIN - Ares Capital: A 9.2% Yielding BDC Cash Cow

Main Street Capital Corporation

2024-05-03 04:38:08 ET

Summary

  • Ares Capital Corporation reported strong quarterly earnings, comfortably covering its dividend and seeing an increase in net asset value.
  • The company completed a significant number of new originations in the first quarter and maintained a low non-accrual ratio.
  • ARCC remains a top income investment with a sensible valuation and solid dividend coverage.

Ares Capital ( ARCC ) has earned a reputation for being one of the most stable and well-managed business development companies in the sector....

For further details see:

Ares Capital: A 9.2% Yielding BDC Cash Cow
Stock Information
Company Name: Main Street Capital Corporation
Stock Symbol: MAIN
Market: NYSE
Website: mainstcapital.com
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