Should You Buy Ultra-High-Yielding Ares Capital Corporation While It's Below $22.50?
If you're looking for an easy way to boost your passive income, consider investing in dividend stocks. One standout dividend stock is Ares Capital Corporation (NASDAQ: ARCC). With a dividend yield of 8.7%, Ares Capital pays a dividend over seven times that of the S&P 500 index.Ares Capital plays a key role by providing loans to mid-sized businesses, which are overlooked by traditional banks. With a solid track record of navigating economic downturns, Ares has proven its ability to manage risks effectively.However, the stock has experienced some turbulence recently, amid market volatility stemming from economic uncertainty. If you're considering adding ultra-high-yielding Ares Capital to your portfolio, here's what you need to know first.Continue reading
If you're looking for an easy way to boost your passive income, consider investing in dividend stocks. One standout dividend stock is Ares Capital Corporation (NASDAQ: ARCC). With a dividend yield of 8.7%, Ares Capital pays a dividend over seven times that of the S&P 500 index.
Ares Capital plays a key role by providing loans to mid-sized businesses, which are overlooked by traditional banks. With a solid track record of navigating economic downturns, Ares has proven its ability to manage risks effectively.
However, the stock has experienced some turbulence recently, amid market volatility stemming from economic uncertainty. If you're considering adding ultra-high-yielding Ares Capital to your portfolio, here's what you need to know first.
