Dividend Insights: Ares Capital’s Key Dates and News Ahead of Jun 13, 2025

Ares Capital Corporation (ARCC) has announced its latest dividend details. The ex-dividend date is set for Jun 13, 2025, following the announcement on Apr 29, 2025, and the dividend payment is scheduled for Jun 30, 2025. Shareholders will receive a dividend of $0.480 per share, which is notably higher than the average dividend of $0.342 over the last ten distributions. The dividend type is cash dividend, consistent with the previous payout on Mar 31, 2025, which was also $0.480 per share.

Recently, Ares Capital has been the center of attention due to several impactful developments. Over the past week, the company announced a significant increase in its revolving credit facility to $5.393 billion, according to a regulatory filing. This strategic move is expected to enhance ARCC's financial flexibility and support its operational growth.

Additionally, Ares Capital’s latest earnings forecast has drawn interest from analysts. The company is anticipated to report earnings of $0.51 per share for the current quarter, reflecting a decline of 16.4% compared to the same quarter last year. Such projections are crucial for investors as they evaluate ARCC's financial health and its ability to sustain dividend payouts.

As of late, market sentiment surrounding Ares Capital has been mixed. Analysts have adjusted their price targets, with Royal Bank of Canada lowering its target from $24.00 to $23.00, considering the recent fluctuations in share price and broader market conditions. This adjustment indicates caution amid market volatility but also reflects confidence in ARCC's long-term potential.

In conclusion, Ares Capital's upcoming ex-dividend date on Jun 13, 2025, marks a key moment for investors. It is the last day to purchase shares and qualify for the dividend payout. Any acquisitions made post this date will not be eligible for the dividend distribution, emphasizing the importance for investors to act promptly.