ARCC - Ares Capital's NAV Dividend And Valuation Versus 15 BDC Peers - Part 2 (Includes Q2 + Q3 2022 Dividend Projection)

• Part 2 of this article compares ARCC’s recent dividend per share rates, yield percentages, and several other highly unique (and useful) dividend sustainability metrics to 15 BDC peers.
• This includes a comparative analysis of ARCC’s cumulative undistributed taxable income ratio, percentage of floating-rate debt investments, recent weighted average annualized yield, and weighted average interest rate on outstanding borrowings.
• My current ARCC buy, sell, or hold recommendation, price target, and dividend sustainability projection through the third quarter of 2022 are stated in the “Conclusions Drawn” section of the article.
• Most BDC peers have sustainable dividends over the foreseeable future. That said, current valuations in some BDC peers are “stretched” (especially with market volatility/potential tax law changes on the horizon).

For further details see: