ARCC Ares Capital Corporation — dividend yield, history & ex-dividend dates
Ares Capital Corporation (ARCC) operates as a Business Development Company (BDC), delivering diverse financing solutions predominantly to middle-market enterprises. The firm's expertise lies in facilitating various corporate actions, including funding acquisitions, recapitalizations, and leveraged buyouts. It also extends mezzanine debt, assists with corporate restructurings, and provides crucial rescue financing, in addition to offering growth capital and general refinancing options. ARCC primarily targets investments in companies within the basic and growth manufacturing, business services, consumer products, healthcare (both products and services), and information technology service sectors. Opportunistically, it also explores prospects in industries such as restaurants, retail, oil and gas, and the broader technology space. Geographically, ARCC maintains a broad reach across the United States. Its New York office oversees investments in the Northeast, Mid-Atlantic, Southeast, and Southwest regions. The Chicago office manages opportunities in the Midwest, while its Los Angeles presence covers the Western region. In terms of deal parameters, ARCC typically commits between $20 million and $200 million per investment, with an upper limit of $400 million, targeting companies that generate an EBITDA of $10 million to $250 million. For debt-specific placements, the investment range is generally $10 million to $100 million. The company employs a wide array of financial instruments, including revolving credit facilities, first and second lien loans, unitranche structures, warrants, mezzanine debt, private high yield, junior capital, and subordinated debt, alongside selective non-control preferred and common equity investments. ARCC also evaluates participation in senior and subordinated debt financings led by other parties and strategically acquires stressed or discounted debt. It frequently assumes a lead or agent role in its transactions and actively seeks board representation in its portfolio companies.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
How the Dividend Safety Score is built for ARCC
| Input | Value | Points | Weight |
|---|---|---|---|
| Dividend record | 21 years of uninterrupted regular payments | 85 | 25% |
| Debt / equity | Debt / equity 1.14x (balance sheet Jun 30, 2026) | 60 | 25% |
| NAV per share trend (3 years) | NAV per share +6.8% over 3 fiscal years (FY2022 19.19 to FY2025 20.48) | 100 | 25% |
| 3-year earnings payout ratio | 3-year earnings payout ratio 79% (FY2023–FY2025) | 51 | 25% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: business development company. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for ARCC
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 3.7% (2020–2025) | 62 | 25% |
| Consecutive annual increases | 0 consecutive annual increases (through 2025) | 10 | 20% |
| Payout headroom | Headroom from the 3-year earnings payout ratio 79% (FY2023–FY2025) | 37 | 20% |
| NAV per share change (3 years) | NAV per share +6.8% over 3 fiscal years (FY2022 19.19 to FY2025 20.48) | 100 | 15% |
| Revenue growth (3 years) | Revenue CAGR 23.3% (FY2022–FY2025) | 100 | 10% |
| 10-year dividend growth | 10-year dividend CAGR 2.4% (2015–2025) | 49 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: business development company. Formula version 2026-10-19.4.
How the Dividend Value Score is built for ARCC
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 89th percentile of its 120 month-end yields | 89 | 40% |
| Price / NAV | Price / NAV 0.96 | 67 | 60% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: business development company. Formula version 2026-10-19.4.
Key Metrics
Current Yield
10.36%
At the Oct 29, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$1.9200
Declared Jul 29, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
43
As of Oct 29, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$17.45 – $21.03
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
138.44% (EPS-based)
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
21
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
0.96
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
ARCC has raised its annual dividend in 10 separate years since December 2004, which ranks 1096 among the 2,430 payers with a comparable record in our dataset. No year in that span saw the annual total fall by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
ARCC's dividend yield rose from 10.02% to 10.36% over the past ~90 days (+0.35 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.35 pp from the share price ($19.17 on Aug 03, 2026 → $18.53 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 272 daily observations over the past 13 months (through Oct 23, 2026), ARCC's current yield is higher than approximately 86% of them. Our stored price history for ARCC covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.4800 Q | Regular | Jul 29, 2026 | Sep 15, 2026 | Sep 15, 2026 | Sep 30, 2026 |
| $0.4800 Q | Regular | Apr 28, 2026 | Jun 15, 2026 | Jun 15, 2026 | Jun 30, 2026 |
| $0.4800 Q | Regular | Feb 04, 2026 | Mar 13, 2026 | Mar 13, 2026 | Mar 31, 2026 |
| $0.4800 Q | Regular | Oct 28, 2025 | Dec 15, 2025 | Dec 15, 2025 | Dec 30, 2025 |
| $0.4800 Q | Regular | Jul 29, 2025 | Sep 15, 2025 | Sep 15, 2025 | Sep 30, 2025 |
| $0.4800 Q | Regular | Apr 29, 2025 | Jun 13, 2025 | Jun 13, 2025 | Jun 30, 2025 |
| $0.4800 Q | Regular | Feb 05, 2025 | Mar 14, 2025 | Mar 14, 2025 | Mar 31, 2025 |
| $0.4800 Q | Regular | Oct 30, 2024 | Dec 13, 2024 | Dec 13, 2024 | Dec 30, 2024 |
| $0.4800 Q | Regular | Jul 30, 2024 | Sep 13, 2024 | Sep 13, 2024 | Sep 30, 2024 |
| $0.4800 Q | Regular | May 01, 2024 | Jun 14, 2024 | Jun 14, 2024 | Jun 28, 2024 |
| $0.4800 Q | Regular | Feb 07, 2024 | Mar 14, 2024 | Mar 15, 2024 | Mar 29, 2024 |
| $0.4800 Q | Regular | Oct 24, 2023 | Dec 14, 2023 | Dec 15, 2023 | Dec 28, 2023 |
| $0.4800 Q | Regular | Jul 25, 2023 | Sep 14, 2023 | Sep 15, 2023 | Sep 29, 2023 |
| $0.4800 Q | Regular | Apr 25, 2023 | Jun 14, 2023 | Jun 15, 2023 | Jun 30, 2023 |
| $0.4800 Q | Regular | Feb 07, 2023 | Mar 14, 2023 | Mar 15, 2023 | Mar 31, 2023 |
| $0.5100 S | Regular | Feb 09, 2022 | Dec 14, 2022 | Dec 15, 2022 | Dec 29, 2022 |
| $0.4600 S | Regular | Feb 09, 2022 | Sep 14, 2022 | Sep 15, 2022 | Sep 30, 2022 |
| $0.4500 S | Regular | Feb 09, 2022 | Jun 14, 2022 | Jun 15, 2022 | Jun 30, 2022 |
| $0.4500 S | Regular | Feb 09, 2022 | Mar 14, 2022 | Mar 15, 2022 | Mar 31, 2022 |
| $0.4100 Q | Regular | Oct 26, 2021 | Dec 14, 2021 | Dec 15, 2021 | Dec 30, 2021 |
| $0.4100 Q | Regular | Jul 28, 2021 | Sep 14, 2021 | Sep 15, 2021 | Sep 30, 2021 |
| $0.4000 Q | Regular | Apr 28, 2021 | Jun 14, 2021 | Jun 15, 2021 | Jun 30, 2021 |
| $0.4000 Q | Regular | Feb 10, 2021 | Mar 12, 2021 | Mar 15, 2021 | Mar 31, 2021 |
| $0.4000 Q | Regular | Oct 27, 2020 | Dec 14, 2020 | Dec 15, 2020 | Dec 30, 2020 |
| $0.4000 Q | Regular | Aug 04, 2020 | Sep 14, 2020 | Sep 15, 2020 | Sep 30, 2020 |
| $0.4000 Q | Regular | May 05, 2020 | Jun 12, 2020 | Jun 15, 2020 | Jun 30, 2020 |
| $0.4000 Q | Regular | Feb 12, 2020 | Mar 13, 2020 | Mar 16, 2020 | Mar 31, 2020 |
| $0.4000 Q | Regular | Oct 30, 2019 | Dec 13, 2019 | Dec 16, 2019 | Dec 27, 2019 |
| $0.4000 Q | Regular | Jul 30, 2019 | Sep 13, 2019 | Sep 16, 2019 | Sep 30, 2019 |
| $0.4200 Q | Regular | Apr 30, 2019 | Jun 13, 2019 | Jun 14, 2019 | Jun 28, 2019 |
| $0.4200 Q | Regular | Feb 12, 2019 | Mar 14, 2019 | Mar 15, 2019 | Mar 29, 2019 |
| $0.3900 Q | Regular | Oct 31, 2018 | Dec 13, 2018 | Dec 14, 2018 | Dec 28, 2018 |
| $0.3900 Q | Regular | Aug 01, 2018 | Sep 13, 2018 | Sep 14, 2018 | Sep 28, 2018 |
| $0.3800 Q | Regular | May 02, 2018 | Jun 14, 2018 | Jun 15, 2018 | Jun 29, 2018 |
| $0.3800 Q | Regular | Feb 13, 2018 | Mar 14, 2018 | Mar 15, 2018 | Mar 30, 2018 |
| $0.3800 Q | Regular | Nov 02, 2017 | Dec 14, 2017 | Dec 15, 2017 | Dec 29, 2017 |
| $0.3800 Q | Regular | Aug 02, 2017 | Sep 14, 2017 | Sep 15, 2017 | Sep 29, 2017 |
| $0.3800 Q | Regular | May 03, 2017 | Jun 13, 2017 | Jun 15, 2017 | Jun 30, 2017 |
| $0.3800 Q | Regular | Feb 22, 2017 | Mar 13, 2017 | Mar 15, 2017 | Mar 31, 2017 |
| $0.3800 Q | Regular | Nov 02, 2016 | Dec 13, 2016 | Dec 15, 2016 | Dec 30, 2016 |
| $0.3800 Q | Regular | Aug 03, 2016 | Sep 13, 2016 | Sep 15, 2016 | Sep 30, 2016 |
| $0.3800 Q | Regular | May 04, 2016 | Jun 13, 2016 | Jun 15, 2016 | Jun 30, 2016 |
| $0.3800 Q | Regular | Feb 24, 2016 | Mar 11, 2016 | Mar 15, 2016 | Mar 31, 2016 |
| $0.3800 Q | Regular | Nov 04, 2015 | Dec 11, 2015 | Dec 15, 2015 | Dec 31, 2015 |
| $0.3800 Q | Regular | Aug 04, 2015 | Sep 11, 2015 | Sep 15, 2015 | Sep 30, 2015 |
| $0.3800 Q | Regular | May 04, 2015 | Jun 11, 2015 | Jun 15, 2015 | Jun 30, 2015 |
| $0.3800 Q | Regular | Mar 02, 2015 | Mar 11, 2015 | Mar 13, 2015 | Mar 31, 2015 |
| $0.3800 Q | Regular | Nov 04, 2014 | Dec 11, 2014 | Dec 15, 2014 | Dec 31, 2014 |
| $0.3800 Q | Regular | Aug 05, 2014 | Sep 11, 2014 | Sep 15, 2014 | Sep 30, 2014 |
| $0.3800 Q | Regular | May 06, 2014 | Jun 12, 2014 | Jun 16, 2014 | Jun 30, 2014 |
| $0.3800 Q | Regular | Feb 26, 2014 | Mar 12, 2014 | Mar 14, 2014 | Mar 31, 2014 |
| $0.4300 Q | Regular | Nov 05, 2013 | Dec 12, 2013 | Dec 16, 2013 | Dec 31, 2013 |
| $0.3800 Q | Regular | Aug 06, 2013 | Sep 12, 2013 | Sep 16, 2013 | Sep 30, 2013 |
| $0.3800 Q | Regular | May 07, 2013 | Jun 12, 2013 | Jun 14, 2013 | Jun 28, 2013 |
| $0.3800 Q | Regular | Feb 27, 2013 | Mar 13, 2013 | Mar 15, 2013 | Mar 29, 2013 |
| $0.4300 Q | Regular | Nov 05, 2012 | Dec 12, 2012 | Dec 14, 2012 | Dec 28, 2012 |
| $0.4300 Q | Regular | Aug 07, 2012 | Sep 12, 2012 | Sep 14, 2012 | Sep 28, 2012 |
| $0.3700 Q | Regular | May 08, 2012 | Jun 13, 2012 | Jun 15, 2012 | Jun 29, 2012 |
| $0.3700 Q | Regular | Feb 28, 2012 | Mar 13, 2012 | Mar 15, 2012 | Mar 30, 2012 |
| $0.3600 Q | Regular | Nov 08, 2011 | Dec 13, 2011 | Dec 15, 2011 | Dec 30, 2011 |
| $0.3500 Q | Regular | Aug 04, 2011 | Sep 13, 2011 | Sep 15, 2011 | Sep 30, 2011 |
| $0.3500 Q | Regular | May 04, 2011 | Jun 13, 2011 | Jun 15, 2011 | Jun 30, 2011 |
| $0.3500 Q | Regular | Mar 03, 2011 | Mar 11, 2011 | Mar 15, 2011 | Mar 31, 2011 |
| $0.3500 Q | Regular | Dec 13, 2010 | Dec 13, 2010 | Dec 15, 2010 | Dec 31, 2010 |
| $0.3500 Q | Regular | Aug 06, 2010 | Sep 13, 2010 | Sep 15, 2010 | Sep 30, 2010 |
| $0.3500 Q | Regular | May 11, 2010 | Jun 11, 2010 | Jun 15, 2010 | Jun 30, 2010 |
| $0.3500 Q | Regular | Feb 26, 2010 | Mar 11, 2010 | Mar 15, 2010 | Mar 31, 2010 |
| $0.3500 Q | Regular | Nov 05, 2009 | Dec 11, 2009 | Dec 15, 2009 | Dec 31, 2009 |
| $0.3500 Q | Regular | Aug 07, 2009 | Sep 11, 2009 | Sep 15, 2009 | Sep 30, 2009 |
| $0.3500 Q | Regular | May 08, 2009 | Jun 11, 2009 | Jun 15, 2009 | Jun 30, 2009 |
| $0.4200 Q | Regular | Mar 02, 2009 | Mar 12, 2009 | Mar 16, 2009 | Mar 31, 2009 |
| $0.4200 Q | Regular | Nov 06, 2008 | Dec 11, 2008 | Dec 15, 2008 | Jan 02, 2009 |
| $0.4200 Q | Regular | Aug 07, 2008 | Sep 11, 2008 | Sep 15, 2008 | Sep 30, 2008 |
| $0.4200 Q | Regular | May 08, 2008 | Jun 12, 2008 | Jun 16, 2008 | Jun 30, 2008 |
| $0.4200 Q | Regular | Feb 28, 2008 | Mar 13, 2008 | Mar 17, 2008 | Mar 31, 2008 |
| $0.4200 Q | Regular | Nov 08, 2007 | Dec 12, 2007 | Dec 14, 2007 | Dec 31, 2007 |
| $0.4200 Q | Regular | Aug 09, 2007 | Sep 12, 2007 | Sep 14, 2007 | Sep 28, 2007 |
| $0.4100 Q | Regular | May 10, 2007 | Jun 13, 2007 | Jun 15, 2007 | Jun 29, 2007 |
| $0.4100 Q | Regular | Mar 08, 2007 | Mar 15, 2007 | Mar 19, 2007 | Mar 30, 2007 |
| $0.5000 Q | Regular | Nov 08, 2006 | Dec 13, 2006 | Dec 15, 2006 | Dec 29, 2006 |
| $0.4000 Q | Regular | Aug 09, 2006 | Sep 13, 2006 | Sep 15, 2006 | Sep 29, 2006 |
| $0.3800 Q | Regular | May 08, 2006 | Jun 13, 2006 | Jun 15, 2006 | Jun 30, 2006 |
| $0.3600 Q | Regular | Feb 28, 2006 | Mar 22, 2006 | Mar 24, 2006 | Apr 14, 2006 |
| $0.3400 Q | Regular | Dec 12, 2005 | Dec 20, 2005 | Dec 22, 2005 | Jan 16, 2006 |
| $0.3400 Q | Regular | Sep 06, 2005 | Sep 14, 2005 | Sep 16, 2005 | Sep 30, 2005 |
| $0.3200 Q | Regular | Jun 20, 2005 | Jun 28, 2005 | Jun 30, 2005 | Jul 15, 2005 |
| $0.3000 Q | Regular | Feb 23, 2005 | Mar 03, 2005 | Mar 07, 2005 | Apr 12, 2005 |
| $0.3000 Q | Regular | Dec 16, 2004 | Dec 22, 2004 | Dec 27, 2004 | Jan 26, 2005 |
Peer Comparison
Selected Asset Management dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| HLNE | Hamilton Lane Incorporated | 2.90% | 11.7% | 7 yrs | 91 |
| TROW | T. Rowe Price Group, Inc. | 5.00% | 7.1% | 38 yrs | 90 |
| RJF | Raymond James Financial, Inc. | 1.37% | 15.2% | 16 yrs | 89 |
| CVG.TO | Clairvest Group Inc. | 1.12% | 9.7% | 1 yr | 86 |
Recent ARCC Dividend News
Related Guides & Lists
ARCC dividend — frequently asked questions
Does Ares Capital Corporation pay a dividend?
Yes. Ares Capital Corporation (ARCC) currently pays a dividend. The annualized dividend is about $1.92 per share, a yield of approximately 10.36%.
What is Ares Capital Corporation's dividend yield?
Ares Capital Corporation's dividend yield is approximately 10.36%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Ares Capital Corporation pay dividends?
Ares Capital Corporation pays dividends quarterly — 4 times per year.
How long has Ares Capital Corporation paid dividends?
Ares Capital Corporation has 21 years of dividend payments on record.
Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.