Ares Capital (LTS:0HHP) Dividend Payout Ratio : 0.77 (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Ares Capital Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Ares Capital's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.77.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ares Capital Corp is 0.74, which seems too high.

The historical rank and industry rank for Ares Capital's Dividend Payout Ratio or its related term are showing as below:

LTS:0HHP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.91 Max: 1.47
Current: 0.74

During the past 13 years, the highest Dividend Payout Ratio of Ares Capital was 1.47. The lowest was 0.46. And the median was 0.91.

LTS:0HHP's Dividend Payout Ratio is ranked worse than
54.91% of 1018 companies
in the Asset Management industry
Industry Median: 0.675 vs LTS:0HHP: 0.74

As of today (2024-12-14), the Dividend Yield % of Ares Capital is 8.89%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ares Capital was 17.52%. The lowest was 7.31%. And the median was 9.25%.

Ares Capital's Dividends per Share for the months ended in Sep. 2024 was $0.48.

During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ares Capital was 76.90% per year. The lowest was -5.70% per year. And the median was 1.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Ares Capital Dividend Payout Ratio Historical Data

The historical data trend for Ares Capital's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ares Capital Dividend Payout Ratio Chart

Ares Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.86

1.40

0.46

1.47

0.72

Ares Capital Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.55	0.69	0.63	0.92	0.77

Competitive Comparison of Ares Capital's Dividend Payout Ratio

For the Asset Management subindustry, Ares Capital's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ares Capital's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ares Capital's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ares Capital's Dividend Payout Ratio falls into.

Ares Capital Dividend Payout Ratio Calculation

Ares Capital's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.92	/	2.68
	=	0.72

Ares Capital's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.48	/	0.62
	=	0.77

Ares Capital (LTS:0HHP) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Ares Capital Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Ares Capital's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ares Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Capital Corp (LTS:0HHP) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

ARCC:USA 9A2:Germany 9A2:Germany 9A2:Germany

Address

245 Park Avenue, 44th Floor, New York, NY, USA, 10167

Website

https://www.arescapitalcorp.com

Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing primarily in U.S. middle-market companies with investment opportunities as well as in larger companies. Its portfolio comprises of first lien senior secured loans, second lien senior secured loans, and mezzanine debt (subordinated unsecured loan), which may include equity components that are diversified by industry and sector. The company may invest in preferred and common equity investments to a lesser proportion. Its revenue mainly consists of interest and dividend income received from the investment made.

Ares Capital Headlines

No Headlines