Ares Capital Corporation (ARCC) Stock News: Dividend Payday Nears as Analysts See Upside After Thin Holiday Trade
Ares Capital Corporation closed Friday at $20.20, up 1% as major indexes slipped in light post-holiday trading. The company will pay a $0.48 per share dividend on Dec. 30 to holders as of Dec. 15. After-hours trading showed shares near $20.22. ARCC’s yield stands near 9.5% at current prices.