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But, love sharing their free cash flow!
Monday, they announce the sec is closed.
Tuesday, they announce the green shoe drops and it is closed.
Wednesday we're back to #20.
Always buy the dip when ARCC announces a sec. Just like every secondary they issue.
This is how they grow the business.
Analysts surveyed by Capital IQ expected $0.44.
Total investment income for the quarter ended June 30 was $479 million, up from $459 million a year earlier.
Analysts polled by Capital IQ forecast $466.2 million.
Additionally, the private equity firm said it has raised its quarterly dividend to $0.43 per share, from $0.42 per share in the prior quarter. The dividend is payable Sept. 30 to shareholders of record as of Sept. 15.