OCSL - Ares Capital's NAV Sector Valuation And Dividend Vs. 14 BDC Peers - Part 2 (Includes Q3 + Q4 2022 Dividend Projection)

• Part 2 of this article compares ARCC’s recent dividend per share rates, yield percentages, and several other highly detailed (and useful) dividend sustainability metrics to 14 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 fourth quarter of 2022 are stated in the “Conclusions Drawn” section of the article.
• Simply put, contrary to recent speculation, ARCC’s dividend remains very safe. In addition, with the recent market sell-off, ARCC is now within my/our STRONG BUY recommendation range.
• Most BDC peers continue to have sustainable dividends over the foreseeable future. That said, credit risk will eventually rise heading into 2023. This is a trend I continually monitor.

For further details see: