ARCC Dividend History & Analysis | 9.8% Yield

ARCC has a dividend yield of 9.8% and paid 1.92 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 9.80%
Payout Ratio 99.0%
Growth Rate CAGR 5y 1.6%
Consistency Lifetime 98.3%
Yield on Cost 5y 15.3%
Payout FCF 125%
Streak Years 5
Dividend Rating 68.7%
Chowder Number yield + growth 11.4% below 12% target for healthy growth
Yield vs Average 5y +11.2% avg 8.81% vs now 9.80%
Debt / EBITDA leverage 10.3x elevated
Income per 10k invested 980 USD per year
Ex-Dividend in 12 days: Buy before Sep 15, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly ARCC annual dividends paid per share, showing the total cash Ares Capital distributed to shareholders each year.
Dividend Growth Year over Year ARCC year-over-year dividend growth rate, showing how Ares Capital's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History ARCC dividend yield history versus share price over the past 5 years, showing how Ares Capital's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Asset Management & Custody Banks

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ECAT NYSE
BlackRock ESG Capital
1,531 M 21.45% 33.79%
BCAT NYSE
BlackRock Capital
1,664 M 20.91% 29.39%
CION NYSE
Cion Investment
363 M 18.14% 25.98%
TRIN NASDAQ
Trinity Capital
1,668 M 15.19% 30.02%
TYG NYSE
Tortoise Energy
1,138 M 12.21% 32.29%
FSK NYSE
FS KKR Capital
3,380 M 17.99% 20.64%
RWAY NASDAQ
Runway Growth Finance
274 M 17.97% 20.51%
FSCO NYSE
FS Credit Opportunities
1,036 M 13.42% 27.07%
MSIF NYSE
MSC Income Fund
585 M 10.46% 32.75%
BCSF NYSE
Bain Capital Specialty
772 M 14.24% 22.13%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
ECAT NYSE
BlackRock ESG Capital
1,531 M 44.67% 91.7%
BCAT NYSE
BlackRock Capital
1,664 M 38.22% 100.0%
KBDC NYSE
Kayne Anderson BDC
890 M 35.03% 100.0%
SLRC NASDAQ
SLR Investment
682 M 35.11% 98.3%
VCTR NASDAQ
Victory Capital Holdings
7,277 M 24.64% 100.0%
OWL NYSE
Blue Owl Capital
18,837 M 23.96% 100.0%
MSIF NYSE
MSC Income Fund
585 M 29.23% 100.0%
BXSL NYSE
Blackstone Secured Lending
5,766 M 25.33% 90.8%
ARES NYSE
Ares Management
47,013 M 21.11% 100.0%
STEP NASDAQ
Stepstone
6,480 M 21.60% 98.9%

ARCC Dividend History

Dividend Monthly Return EX date, 5 years of data

Jan - -
Feb - -
Mar 2.45% 100
Apr - -
May - -
Jun 2.43% 100
Jul - -
Aug - -
Sep 2.29% 100
Oct - -
Nov - -
Dec 2.35% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 21 Payments (USD) as of September 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-09-15 2026-09-15 2026-09-30 Quarterly 0.48 0% N/A
2026-06-15 2026-06-15 2026-06-30 Quarterly 0.48 0% 2.55%
2026-03-13 2026-03-13 2026-03-31 Quarterly 0.48 0% 2.72%
2025-12-15 2025-12-15 2025-12-30 Quarterly 0.48 0% 2.35%
2025-09-15 2025-09-15 2025-09-30 Quarterly 0.48 0% 2.2%
2025-06-13 2025-06-13 2025-06-30 Quarterly 0.48 0% 2.21%
2025-03-14 2025-03-14 2025-03-31 Quarterly 0.48 0% 2.28%
2024-12-13 2024-12-13 2024-12-30 Quarterly 0.48 0% 2.22%
2024-09-13 2024-09-13 2024-09-30 Quarterly 0.48 0% 2.36%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.48 0% 2.31%
2024-03-14 2024-03-15 2024-03-29 Quarterly 0.48 0% 2.36%
2023-12-14 2023-12-15 2023-12-28 Quarterly 0.48 0% 2.42%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.48 0% 2.48%
2023-06-14 2023-06-15 2023-06-30 Quarterly 0.48 0% 2.58%
2023-03-14 2023-03-15 2023-03-31 Quarterly 0.48 -5.9% 2.66%
2022-12-14 2022-12-15 2022-12-29 Quarterly 0.51 +10.9% 2.71%
2022-09-14 2022-09-15 2022-09-30 Quarterly 0.46 +2.2% 2.39%
2022-06-14 2022-06-15 2022-06-30 Quarterly 0.45 0% 2.53%
2022-03-14 2022-03-15 2022-03-31 Quarterly 0.45 +9.8% 2.24%
2021-12-14 2021-12-15 2021-12-30 Quarterly 0.41 0% 2.04%
2021-09-14 2021-09-15 2021-09-30 Quarterly 0.41 0% 2.05%

ARCC Dividend FAQ

What is the Dividend Yield of ARCC?

As of September 2026, ARCC's dividend yield is 9.80%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.92 USD by the current share price of 19.91.

Does ARCC pay a dividend?

As of September 2026, ARCC paid a dividend of 1.92 USD in the last 12 months. The last dividend was paid on 2026-09-15 and the payout was 0.48 USD.

How often does ARCC pay dividends?

ARCC pays dividends quarterly. Over the last 12 months, ARCC has issued 4 dividend payments. The last dividend payment was made on 2026-09-15.

ARCC dividend forecast

Based on historical data, the forecasted dividends per share for ARCC for the next payments are between 0.476 (-0.8%) and 0.48 (+0.0%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 9.53%.

Will ARCC pay dividends in 2026?

The latest dividend paid per share was 0.48 USD with an Ex-Dividend Date of 2026-09-15. The next Ex-Dividend date for Ares Capital (ARCC) is 2026-09-15.

What is the next Ex-Dividend Date for ARCC?

The next Ex-Dividend date for Ares Capital (ARCC) is 2026-09-15.

What is the Dividend Growth of ARCC?

ARCC's average dividend growth rate over the past 5 years is 1.57% per year. Weak growth: ARCC's dividend growth is lower than inflation.

What is the Yield on Cost of ARCC?

ARCC's 5-Year Yield on Cost is 15.3%. If you bought ARCC's shares at 12.68 USD five years ago, your current annual dividend income (1.92 USD per share, trailing 12 months) equals 15.3% of your original purchase price.

What is the Payout Consistency of ARCC?

ARCC Payout Consistency is 98.3%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Ares Capital has a strong track record of consistent dividend payments over its lifetime.

Does ARCC have a good Dividend Yield?

ARCC's 9.80% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of ARCC?

The Dividend Payout Ratio of ARCC is 99.0%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.

What is the Dividend Rating of ARCC?

ARCC's Overall Dividend Rating is 68.69%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

ARCC Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in ARCC's Outstanding Shares?

Ares Capital's outstanding shares have increased by approximately 9.04% annually over the past 3 years (Trend Reliability: 96.2%). Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has ARCC ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2004 11,100,000 0%
2005 37,988,700 +242.24%
2006 53,178,900 +39.99%
2007 74,547,800 +40.18%
2008 89,666,200 +20.28%
2009 101,719,800 +13.44%
2010 190,575,500 +87.35%
2011 204,860,000 +7.5%
2012 230,151,000 +12.35%
2013 266,939,000 +15.98%
2014 314,108,000 +17.67%
2015 314,450,000 +0.11%
2016 314,000,000 -0.14%
2017 426,000,000 +35.67%
2018 426,000,000 0%
2019 429,000,000 +0.7%
2020 423,000,000 -1.4%
2021 463,000,000 +9.46%
2022 534,000,000 +15.33%
2023 593,000,000 +11.05%
2024 655,000,000 +10.46%
2025 699,000,000 +6.72%
2026 718,000,000 +2.72%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-08-30 02:06 UTC