Ares Capital Co. ( NASDAQ:ARCC – Get Rating ) announced a quarterly dividend on Tuesday, February 7th, RTT News reports. Stockholders of record on Wednesday, March 15th will be given a dividend of 0.48 per share by the investment management company on Friday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 10.87%. The ex-dividend date is Tuesday, March 14th. Ares Capital has increased its dividend payment by an average of 11.7% per year over the last three years.

https://www.dailypolitical.com/2023/03/12/ares-capital-co-arcc-to-issue-quarterly-dividend-of-0-48-on-march-31st.html

#dailypolitical