ARCC - Ares Capital: Forget Side Hustles Buy This 10% Yield Instead
2024-03-26 09:00:00 ET
Summary
- Ares Capital is a quality choice for high income, with a well-covered dividend and a track record of value creation.
- ARCC is the largest BDC by asset size and has a strong portfolio consisting of investments in growth and defensive industries.
- It has shown consistent growth in its book value per share and is seeing growing demand from borrowers.
Owning stocks is like being a passive proprietor of businesses, and like for most business owners, the payback period is often a top-of-mind concern. After all, getting your money back and then some is the reason for why you would start a business in the first place....
Ares Capital: Forget Side Hustles, Buy This 10% Yield Instead