ARCC Dividend History & Analysis | 9.1% Yield

ARCC has a dividend yield of 9.1% and paid 1.92 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 9.10%
Payout Ratio 96.0%
Growth Rate CAGR 5y 4.34%
Consistency Lifetime 96.6%
Yield on Cost 5y 16.78%
Payout FCF 110.7%
Streak Years 21
Dividend Rating 79.02%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: -7.1%
Total Return 5y: 68.8%

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ECC 709 M 24.3% 44.7%
OXLC 1,177 M 28.3% 29.2%
ECAT 1,534 M 22.0% 36.5%
OCCI 129 M 24.3% 30.5%
BCAT 1,540 M 22.4% 31.2%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
ECAT 1,534 M 144% 91.7%
FSCO 1,204 M 105% 90.0%
OPFI 831 M 108% 100%
SUNS 126 M 90.5% 100%
OWL 21,322 M 60.1% 100%

Quality Dividend Peers in Asset Management & Custody Banks

BUI
BlackRock Utility
 10.47% Yield
GNT
GAMCO Natural Resources
 7.98% Yield
GAM
General American
 11.74% Yield
BK
The Bank of New York
 2.10% Yield
TRIN
Trinity Capital
 14.80% Yield
TBLD
Thornburg Income
 6.56% Yield

ARCC Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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 2.5% 2.05%
2021-06-14 2021-06-15 2021-06-30 Quarterly 0.4 0% 2.02%
2021-03-12 2021-03-15 2021-03-31 Quarterly 0.4 0% 2.13%
2020-12-14 2020-12-15 2020-12-30 Quarterly 0.4 0% N/A
2020-09-14 2020-09-15 2020-09-30 Quarterly 0.4 0% N/A
2020-06-12 2020-06-15 2020-06-30 Quarterly 0.4 0% N/A
2020-03-13 2020-03-16 2020-03-31 Quarterly 0.4 -4.8% N/A
2019-12-13 2019-12-16 2019-12-27 Quarterly 0.42 0% N/A
2019-09-13 2019-09-16 2019-09-30 Quarterly 0.42 0% N/A
2019-06-13 2019-06-14 2019-06-28 Quarterly 0.42 0% N/A
2019-03-14 2019-03-15 2019-03-29 Quarterly 0.42 7.7% N/A
2018-12-13 2018-12-14 2018-12-28 Quarterly 0.39 0% N/A
2018-09-13 2018-09-14 2018-09-28 Quarterly 0.39 2.6% N/A
2018-06-14 2018-06-15 2018-06-29 Quarterly 0.38 0% N/A
2018-03-14 2018-03-15 2018-03-30 Quarterly 0.38 0% N/A
2017-12-14 2017-12-15 2017-12-29 Quarterly 0.38 0% N/A
2017-09-14 2017-09-15 2017-09-29 Quarterly 0.38 0% N/A
2017-06-13 2017-06-15 2017-06-30 Quarterly 0.38 0% N/A
2017-03-13 2017-03-15 2017-03-31 Quarterly 0.38 0% N/A
2016-12-13 2016-12-15 2016-12-30 Quarterly 0.38 0% N/A
2016-09-13 2016-09-15 2016-09-30 Quarterly 0.38 0% N/A
2016-06-13 2016-06-15 2016-06-30 Quarterly 0.38 0% N/A
2016-03-11 2016-03-15 2016-03-31 Quarterly 0.38 0% N/A
2015-12-11 2015-12-15 2015-12-31 Quarterly 0.38 0% N/A
2015-09-11 2015-09-15 2015-09-30 Quarterly 0.38 0% N/A
2015-06-11 2015-06-15 2015-06-30 Quarterly 0.38 -11.6% N/A
2015-03-11 2015-03-13 2015-03-31 Quarterly 0.43 13.2% N/A
2014-12-11 2014-12-15 2014-12-31 Quarterly 0.38 0% N/A
2014-09-11 2014-09-15 2014-09-30 Quarterly 0.38 0% N/A
2014-06-12 2014-06-16 2014-06-30 Quarterly 0.38 -11.6% N/A
2014-03-12 2014-03-14 2014-03-31 Quarterly 0.43 0% N/A
2013-12-12 2013-12-16 2013-12-31 Quarterly 0.43 13.2% N/A
2013-09-12 2013-09-16 2013-09-30 Quarterly 0.38 0% N/A

ARCC Dividend FAQ

Ares Capital Corporation (NASDAQ:ARCC) is a Business Development Company (BDC) that provides acquisition, recapitalization, mezzanine debt, restructuring, rescue financing, and leveraged-buyout capital to U.S. middle-market companies.

What is the Dividend Yield of ARCC?

As of February 2026, ARCC`s dividend yield is 9.10%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.92 USD by the current share price of 19.31.

Does ARCC pay a dividend?

As of February 2026, ARCC paid a dividend of 1.92 USD in the last 12 months. The last dividend was paid on 2025-12-15 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 2025-12-15.

ARCC dividend forecast

Based on historical data, the forecasted dividends per share for ARCC for the next 4 payments are between 0.493 (+2.7%) and 0.502 (+4.6%).
This suggests the dividend will remain relatively stable.

Will ARCC pay dividends in 2026?

The latest dividend paid per share was 0.48 USD with an Ex-Dividend Date of 2025-12-15. The next Ex-Dividend date for Ares Capital (ARCC) is currently unknown.

What is the next Ex-Dividend Date for ARCC?

The next Ex-Dividend date for Ares Capital (ARCC) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of ARCC?

ARCC's average dividend growth rate over the past 5 years is 4.34% per year.
Strong growth: ARCC's Dividend growth is outpacing inflation.

What is the Yield on Cost of ARCC?

ARCC's 5-Year Yield on Cost is 16.8%. If you bought ARCC's shares at 11.44 USD five years ago, your current annual dividend income (1.92 USD per share, trailing 12 months) equals 16.8% of your original purchase price.

What is the Payout Consistency of ARCC?

ARCC Payout Consistency is 96.6%. 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 9.10% 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 96.0%. 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 79.02%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

ARCC Outstanding Shares Analysis

What is the Trend in ARCC's Outstanding Shares?

Ares Capital's outstanding shares have increased by approximately 8.57% annually over the past 3 years (Trend Reliability: 100.0%).

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
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
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%

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: 2026-02-03 04:21