Looking at the universe of stocks we cover at Dividend Channel , on 6/12/14, Ares Capital Corporation (Symbol: ARCC) will trade ex-dividend, for its quarterly dividend of $0.38, payable on 6/30/14. As a percentage of ARCC's recent stock price of $17.30, this dividend works out to approximately 2.20%, so look for shares of Ares Capital Corporation to trade 2.20% lower - all else being equal - when ARCC shares open for trading on 6/12/14.
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 8.79% 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 $16.15 per share, with $18.63 as the 52 week high point - that compares with a last trade of $17.30.
According to the ETF Finder at ETF Channel, ARCC makes up 15.68% of the BDC Income ETF (Symbol: BIZD) which is trading lower by about 0.1% on the day Tuesday.
In Tuesday trading, Ares Capital Corporation shares are currently down about 0.1% 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.