Time Is Running Out to Lock In This Financial Stock's Sky-High Yield
Ares Capital's next dividend payment is approaching.
Time Is Running Out to Lock In This Financial Stock's Sky-High Yield
Overview
Ares Capital (NASDAQ: ARCC) currently pays a $0.48-per-share quarterly dividend. At its recent stock price of around $19, the business development company (BDC) yields more than 10%. That's about 10 times the S&P 500's yield, which currently sits around 1%.
Investors are running out of time to lock in the financial stock's currently sky-high yield. Here's why you might want to act fast.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
