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.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
