Looking at the universe of stocks we cover at Dividend Channel, on 9/14/22, Ares Capital Corporation (Symbol: ARCC) will trade ex-dividend, for its quarterly dividend of $0.43, payable on 9/30/22. As a percentage of ARCC's recent stock price of $20.17, this dividend works out to approximately 2.13%, so look for shares of Ares Capital Corporation to trade 2.13% lower — all else being equal — when ARCC shares open for trading on 9/14/22.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ARCC is likely to continue, and whether the current estimated yield of 8.53% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ARCC shares, versus its 200 day moving average:
Looking at the chart above, ARCC's low point in its 52 week range is $17.03 per share, with $23 as the 52 week high point — that compares with a last trade of $20.14.
Free Report: Top 7%+ Dividends (paid monthly)
In Monday trading, Ares Capital Corporation shares are currently up about 0.9% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
