ARCC Ex Dividend Date 2024, Stock Price and More
The ex-dividend date of June 14, 2024, for Ares Financing Corporation (ARCC), signifies shareholder eligibility for the subsequent $0.48 dividend per share, showcasing ARCC's solid dividend history and an 8.90% current yield.
by Kavitha
Updated Jun 05, 2024
Ares Capital Corporation
Ares Capital Corporation, often known as ARCC, is a financial institution that provides necessary funding to other firms. They resemble your amiable neighbor who gives you help when you're low on money. But ARCC is about more than just politeness. They also do a decent job of generating profits for their investors as well as for themselves. ARCC's dividend payments to shareholders are one of their unique features. These payouts are similar to token gifts for holding stock in the business. ARCC is well-known for consistently disbursing these payouts. In addition, their dividend yield stands at 8.90%, meaning that investing in their stock will earn a portion of your money returned in dividends annually.
ARCC Ex Dividend Date 2024
Ares Financing Corporation (ARCC) is a prominent player in the finance industry, distinguished by its ability to provide financing to help other firms. The dividends that ARCC pays out are a nice benefit of being a shareholder. These dividends function as a form of compensation for keeping their stock.
Note down June 14, 2024, in your calendars! The day that ARCC uses as its ex-dividend date is significant. If you own stock in ARCC, you are lucky on this auspicious occasion! You are now entitled to the ensuing $0.48 dividend payment per share. Is there anything better? The dividend payment date of June 28, 2024, means that you won't have to wait long to get your hands on that tasty cash.
ARCC has established a solid track record of timely dividend payments. They've been doing it on a regular basis, in fact. And get this: at 8.90%, their dividend yield is now quite high.
ARCC Stock Price
The following points highlight the stock price and ex-dividend date of ARCC:
Stock Price: The share price of ARCC is $21.57 at the moment.
Dividend Yield: ARCC has an 8.91% dividend yield, which means that for every $1 invested, you will receive a yearly payout of roughly $0.089 in income.
Ex-Dividend Date: The shares will be excluded on June 14, 2024, and on June 28, 2024, a $0.48 dividend will be paid per share.
Market Capitalization: ARCC has a market capitalization of about $13.255 billion.
Investment Focus: They are experts at lending money to middle-market businesses using a range of investment arrangements.
Regional Focus: The investments made by ARCC are concentrated in various parts of the United States.
ARCC Ex Dividend Date 2024 - FAQs
1. What is ARCC's current stock price?
ARCC's share price is $21.57.
2. What is ARCC's dividend yield?
ARCC boasts an 8.91% dividend yield, equating to roughly $0.089 in yearly income for every $1 invested.
3. When is ARCC's ex-dividend date for 2024?
ARCC's shares will be excluded on June 14, 2024.
4. What is ARCC's market capitalization?
ARCC's market capitalization is approximately $13.255 billion.