Jun 29, 2018 will be the day that Ares Capital Corp (NASDAQ:ARCC) dividends reach $0.38.

June 13, 2018 - By Adrian Erickson

Investors sentiment increased to 1.14 in 2018 Q1. Its up 0.22, from 0.92 in 2017Q4. It improved, as 32 investors sold Ares Capital Corporation shares while 107 reduced holdings. 48 funds opened positions while 110 raised stakes. 161.27 million shares or 3.08% more from 156.46 million shares in 2017Q4 were reported.
Paw Cap Corp accumulated 100,000 shares or 1.91% of the stock. 19,306 are held by Prudential Fin. 17,090 were reported by Ajo Ltd Partnership. Hightower Advisors Lc has invested 0.13% in Ares Capital Corporation (NASDAQ:ARCC). North Star Mgmt has invested 0% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Catalyst Lc has invested 0.02% in Ares Capital Corporation (NASDAQ:ARCC). Cullen Frost Bankers has 12,033 shares for 0.01% of their portfolio. Two Sigma Securities holds 31,186 shares. New South Capital Mgmt holds 890,359 shares or 0.35% of its portfolio. Arrowstreet Limited Partnership reported 2.59M shares. 31,735 are held by Bbr Prtnrs Llc. 2.10 million were accumulated by Nomura. Boyd Watterson Asset Lc Oh accumulated 24,265 shares or 0.19% of the stock. The Colorado-based Advisors Asset has invested 0.16% in Ares Capital Corporation (NASDAQ:ARCC). American Insurance Tx holds 0.01% or 16,200 shares.

Since January 23, 2018, it had 7 buys, and 0 selling transactions for $453,564 activity. On Thursday, February 15 ROLL PENELOPE F bought $47,430 worth of Ares Capital Corporation (NASDAQ:ARCC) or 3,000 shares. Arougheti Michael J bought $390,000 worth of stock or 25,000 shares.

Ares Capital Corp (NASDAQ:ARCC) is expected to pay $0.38 on Jun 29, 2018. Shareholders owning the stock before Jun 14, 2018 will be eligible to receive the payout. Based on Ares Capital Corp’s current price of $16.91, the dividend is 2.25 %. This dividend’s record date is Jun 15, 2018 and the announcement date is May 2, 2018. The stock decreased 0.53% or $0.09 during the last trading session, reaching $16.91. About 2.02 million shares traded. Ares Capital Corporation (NASDAQ:ARCC) has declined 0.18% since June 13, 2017 and is downtrending. It has underperformed by 12.75% the S&P500.

Ares Capital Corporation (NASDAQ:ARCC) Ratings Coverage

Among 2 analysts covering Ares Capital (NASDAQ:ARCC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ares Capital has $18.5 highest and $17 lowest target. $17.75’s average target is 4.97% above currents $16.91 stock price. Ares Capital had 2 analyst reports since April 11, 2018 according to SRatingsIntel. The stock has “Market Outperform” rating by JMP Securities on Monday, June 4. JP Morgan maintained Ares Capital Corporation (NASDAQ:ARCC) rating on Wednesday, April 11. JP Morgan has “Overweight” rating and $17 target.

More news for Ares Capital Corporation (NASDAQ:ARCC) were recently published by: Seekingalpha.com, which released: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” on May 30, 2018. Seekingalpha.com‘s article titled: “TCG BDC Inc.: 9% Dividend Yield With Upside For Rising Interest Rates” and published on June 01, 2018 is yet another important article.

Ares Capital Corporation (NASDAQ:ARCC) Ratings Chart

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