Ares Capital Just Extended Its Dividend Streak to 17 Years -- Here's What Its Latest Earnings Show

Ares Capital maintained its $0.48 quarterly dividend, extending its 17-year streak of dividend stability and growth. While core earnings of $0.47 per share fell slightly below the dividend payment, the company has built a meaningful cushion through net realized gains and carried-forward excess taxable income. With $6 billion in liquidity, modest leverage, and a strong balance sheet, Ares Capital is well-positioned to continue supporting its 10%+ dividend yield despite a slower transaction environment.