ARES CAPITAL CORPORATION ANNOUNCES SEPTEMBER 30, 2026 FINANCIAL RESULTS AND DECLARES FOURTH QUARTER 2026 DIVIDEND OF $0.48 PER SHARE DIVIDEND DECLARATIONS
Key Highlights
- ➤Ares Capital (ARCC) declares fourth-quarter dividend of $0.48 per share
- ➤Q3 net investment income $328 million, down from $338 million year over year
- ➤Q3 Core EPS $0.46, below $0.48 dividend declared
- ➤Portfolio non-accruals rose to 2.4% at amortized cost, from 1.8%
- ➤Ares Capital agrees to acquire MidCap Financial Investment Corporation in cash-and-stock deal
- ➤Investment backlog reached approximately $2.5 billion as of October 22
Expert Statements
Kort Schnabel, Chief Executive Officer of Ares Capital
“We reported solid third quarter results supported by continued healthy portfolio performance, including stable credit quality and historically low levels of non-accruing loans and problem assets”
Kort Schnabel, Chief Executive Officer of Ares Capital
“While a slower transaction environment led to a more measured pace of originations during the quarter, our investment backlog is up meaningfully from last quarter, and we are seeing stronger transaction activity entering the fourth quarter.”
Kort Schnabel, Chief Executive Officer of Ares Capital
“We believe our market leadership, scale, diversified portfolio and strong financial position, along with the expected benefit from higher yields and our recently announced acquisition of MidCap Financial Investment Corporation, reinforce our strong underlying earnings power and our confidence in the current level of our regular quarterly dividend.”
Scott Lem, Chief Financial Officer of Ares Capital
“During the third quarter, we further strengthened our funding profile while maintaining significant financial flexibility.”
Scott Lem, Chief Financial Officer of Ares Capital
“We increased our debt capacity through a $750 million issuance of seven-year unsecured notes, while also reducing our funding costs through the reset of our debt securitization and modest utilization of our commercial paper program.”
Scott Lem, Chief Financial Officer of Ares Capital
“With approximately $7 billion of available liquidity, prudent leverage and limited near-term maturities, our balance sheet remains well positioned to support our investment activity and future growth.”
ARES CAPITAL CORPORATION ANNOUNCES SEPTEMBER 30, 2026 FINANCIAL RESULTS AND DECLARES FOURTH QUARTER 2026 DIVIDEND OF $0.48 PER SHARE DIVIDEND DECLARATIONS PR Newswire
NEW YORK, Oct. 27, 2026 /PRNewswire/ -- Ares Capital Corporation ("Ares Capital") (NASDAQ: ARCC) announced that its Board of Directors has declared a fourth quarter 2026 dividend of $0.48 per share. The fourth quarter 2026 dividend is payable on December 29, 2026 to stockholders of record as of December 15, 2026.
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