Could $5,000 in Ares Capital Generate $500 a Year in Passive Income?
Ares Capital currently yields just over 10%.
Overview
Ares Capital (NASDAQ: ARCC) currently yields just over 10%. That's about 10 times higher than the S&P 500.
At that rate, investing $5,000 into the business development company's (BDC) stock would generate a little more than $500 a year in passive income. That's, of course, if Ares Capital can maintain its current dividend rate. Here's a look at the sustainability of its high-yielding payout.
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Originally published at www.fool.com.
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