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ARCC Ares Capital Corporation — dividend yield, history & ex-dividend dates

NASDAQ Global Market· Quarterly dividend· Common Stock · Financial Services / Asset Management

$18.53 ▲ $0.02(0.11%) as of Oct 29, 2026 06:20 UTC
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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

StatusGrowing
Last Dividend$0.4800Paid Sep 30, 2026
Forward Annual$1.92From the $0.4800 dividend declared Jul 29, 2026
FrequencyQuarterly
Last Ex-DateSep 15, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth0.0%Annual totals, 2024–2025
10-Yr Growth2.4%Annual totals, 2015–2025

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.

Dividend Safety Score

74/100

Strong indicators

Complete data

Dividend Growth Score

55/100

Moderate growth record

Complete data

Dividend Value Score

76/100

Below own historical valuation

Complete data

DividendRank

69/100

Upper middle of the scale

Complete data

How the Dividend Safety Score is built for ARCC
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Dividend record21 years of uninterrupted regular payments 85 25%
Debt / equityDebt / 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 ratio3-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
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 3.7% (2020–2025) 62 25%
Consecutive annual increases0 consecutive annual increases (through 2025) 10 20%
Payout headroomHeadroom 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 growth10-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
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 89th percentile of its 120 month-end yields 89 40%
Price / NAVPrice / 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

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 74/100, yield 10.36%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
21 years of dividend payments on record.

Quote & Key Data

ExchangeNASDAQ Global MarketThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume4,844,953Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$18.70Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$18.55 – $18.77Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$18.79Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$13.30BAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out718.02MImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$1.3412 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)13.8Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 15, 2026Paid Sep 30, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)0.9%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)3.7%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases0 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose10Since Dec 2004
Rank among payers1096of 2,430 with a record
Years it fell over 20%0in 20 comparable years
Of peers with 10 to 24 up years75%also cut at some point

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

Current10.36%
1-Yr Average9.95%
Low / High9.13% – 11.00%
Percentile86%

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.

TickerNameYield5-Yr GrowthStreakRank
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

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.