Congrats to all those holding, receiving $0.41 per share by end of month. Look for an ex-divvy day sale through this week. I will continue to add
Bullish
H
This pullback is a “hang on” or “buying” opportunity!
Bullish
H
Last day to get divi is Monday!
Bullish
D
Added more shares at this lower price, ex-divvy day in 2 weeks, 9/14
Bullish
H
Buy! Get 40 cent discount and 41 cent dividend. Today only sale!
B
bought today!
Bullish
S
Anyone know why BDCs across the board are down at least 1%? The only thing I can see is the VIX is up 8%, and investors are expecting a 5-10% correction.
s
$21 by months end!!!!!
S
I have owned ARCC for years, but have now shifted to FSK, a BDC being run by KKR. The BDC is new to the market, a combination of 6 BDC’s merged privately over several years. It’s got about $14B in assets making it the second largest after ARCC.
Trades at 15% discount to NAV compared to 10% premium.
10.5% yield compared to 8%.
Much stronger coverage of dividends from core and total earnings.
Only leveraged 0.9x.
A Lower leveraged vehicle, with greater dividends coverage trading at a higher yield managed by KKR.
While ARCC has a longer track record (and an impressive one) the price differential is unjustified.
Look into FSK if you like ARCC.
Neutral
H
BDC's are selling off across the board today on big volume. I can't find news to account for this. Any ideas?
M
question. ex div day is coming soon. considering the SP, would you say it makes more senso to get cash rather than shares?
J
I have a shareholder notice that ARCC is asking current shareholders to vote in favor of ARCC offering up to 25% of new shares at under the current NAV. It doesn't say how much under but current shares trade at a premium. I just don't see how increasing total shares by 25% at a price under current value doesn't hurt the share price. The vote is scheduled for August 13, i.e. next Friday. Can't help but see the irony of chosen date. Took my profits and ran.
K
X div. date coming, people want the cash to make payments on their Corvette's will go back back down after x-day. Check the chart.
B
Ares Capital Corporation (Nasdaq: ARCC) announced that it plans to make a public offering of 12,500,000 shares of its common stock.
u
I bought more at 19.72. I have more buy orders in should we get a market correction in the next couple months. This stock and company have been a fantastic holding for me for the past 7 years
M
Not sure if Iunderstand what is all this complaining about selling shares. That is what this type of business always does. That is how they collect cash and put it to use. You are not investing in ARCC for capital appreciation. This stock is not going to $30. You are investing here for the dividend and not too much ups and downs.
H
Dilution, with a fully successful completion of this latest secondary offer, the 2021 share count will have increased by 8% or 36.5 million shares. On January 1,2021 the count was 423 m by the end of August it may be 459.5 million. My dividend income will increase by 2.5 % this year but I will be sharing a smaller portion of future profits.
j
Ares Capital (ARCC) Q2 adjusted earnings of $0.53 per diluted share, compared with $0.39 a year ago.
Analysts polled by Capital IQ expected adjusted EPS of $0.42.
Total investment income for the quarter ended June 30 was $459 million, compared with $350 million a year ago. Analysts polled by Capital IQ expected $386.7 million.
The company raised its Q3 dividend to $0.41 per share, up from $0.40 per share last quarter.
H
Yesterday's 8k filing states the company received $19.6667 per share after fees from the underwriters on 12.5 million shares. There is 27 days left for the underwriters to execute options on 1.875 million shares.
J
They should have concurrently announced a 10% increase in the distribution. Its time for them to pony up more money to shareholders.
Trades at 15% discount to NAV compared to 10% premium.
10.5% yield compared to 8%.
Much stronger coverage of dividends from core and total earnings.
Only leveraged 0.9x.
A Lower leveraged vehicle, with greater dividends coverage trading at a higher yield managed by KKR.
While ARCC has a longer track record (and an impressive one) the price differential is unjustified.
Look into FSK if you like ARCC.
That is what this type of business always does. That is how they collect cash and put it to use. You are not investing in ARCC for capital appreciation. This stock is not going to $30. You are investing here for the dividend and not too much ups and downs.
Analysts polled by Capital IQ expected adjusted EPS of $0.42.
Total investment income for the quarter ended June 30 was $459 million, compared with $350 million a year ago. Analysts polled by Capital IQ expected $386.7 million.
The company raised its Q3 dividend to $0.41 per share, up from $0.40 per share last quarter.