ARCC - This Ultra-High-Yield Dividend Stock Looks Like a No-Brainer Buy for Income Investors
2024-02-10 05:53:00 ET
Pick a category. You'll find some members of that category that especially stand above the rest of the pack.
In the category of dividend stocks, I think Ares Capital (NASDAQ: ARCC) serves as a great example. The business development company (BDC) offers a dividend yield of more than 9.6%. This ultra-high-yield dividend stock looks like a no-brainer buy right now for income investors.
Ares Capital reported its fourth-quarter and full-year results on Thursday. It's fair to say the company is firing on nearly all cylinders.
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This Ultra-High-Yield Dividend Stock Looks Like a No-Brainer Buy for Income Investors