Is Ares Capital Stock a Buy Now?
If you're searching for a reliable income stream from your investment portfolio, Ares Capital (NASDAQ: ARCC) is one stock that should be on your radar. With an enticing dividend yield of 9.5%, it's hard to ignore.However, Ares Capital hasn't escaped the turbulence of the recent stock market fluctuations. Since the beginning of February, its stock has fallen nearly 16% from its peak. This recent dip could be an excellent buying opportunity for investors looking to boost their income. However, before you snap up shares, consider the following.Ares Capital Corporation is a business development corporation (BDC) that provides financing to middle-market companies -- those with earnings before interest, taxes, depreciation, and amortization (EBITDA) ranging from $10 million to $250 million.Continue reading
If you're searching for a reliable income stream from your investment portfolio, Ares Capital (NASDAQ: ARCC) is one stock that should be on your radar. With an enticing dividend yield of 9.5%, it's hard to ignore.
However, Ares Capital hasn't escaped the turbulence of the recent stock market fluctuations. Since the beginning of February, its stock has fallen nearly 16% from its peak. This recent dip could be an excellent buying opportunity for investors looking to boost their income. However, before you snap up shares, consider the following.
Ares Capital Corporation is a business development corporation (BDC) that provides financing to middle-market companies -- those with earnings before interest, taxes, depreciation, and amortization (EBITDA) ranging from $10 million to $250 million.
