ARCC Dividend History & Yield

Ares Capital Corporation · NasdaqGS

Stock Financial Services Quarterly payer BDCFinancialHigh yield
$19.70
-1.70% today
as of Sep 8, 2026
TTM yield
9.75%
$1.92/share over the last 12 months
Forward yield
9.75%
$1.92/share indicated annual rate
Annual dividend
$1.92
per share, forward
Per payment
$0.48
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 15, 2026 Declared
in 7 days
Next pay date
Sep 30, 2026
in 22 days
Last ex-dividend date
Jun 15, 2026
$0.48 per share
Payout ratio
143%
of earnings
Market cap
14.1B
P/E 14.7
5y dividend CAGR
+3.7%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
21.7
since Dec 22, 2004
1y total return
-3.5%
price -12.1% + dividends 8.6%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 15, 2026 (in 7 days) Sep 30, 2026 $0.48 $48.00 Declared
Tue, Dec 15, 2026 (in 98 days) Dec 30, 2026 $0.48 $48.00 Estimated
Tue, Mar 16, 2027 (in 189 days) Mar 31, 2027 $0.48 $48.00 Estimated
Tue, Jun 15, 2027 (in 280 days) Jun 30, 2027 $0.48 $48.00 Estimated

Estimated dates and amounts are projected from ARCC's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.92 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Sep 13, 2016 to Jun 15, 2026; most recent $0.48$0.00$0.30$0.60Sep 13, 2016: $0.38Sep '16Dec 13, 2016: $0.38Mar 13, 2017: $0.38Jun 13, 2017: $0.38Sep 14, 2017: $0.38Dec 14, 2017: $0.38Dec '17Mar 14, 2018: $0.38Jun 14, 2018: $0.38Sep 13, 2018: $0.39Dec 13, 2018: $0.39Mar 14, 2019: $0.42Mar '19Jun 13, 2019: $0.42Sep 13, 2019: $0.42Dec 13, 2019: $0.42Mar 13, 2020: $0.40Jun 12, 2020: $0.40Jun '20Sep 14, 2020: $0.40Dec 14, 2020: $0.40Mar 12, 2021: $0.40Jun 14, 2021: $0.40Sep 14, 2021: $0.41Sep '21Dec 14, 2021: $0.41Mar 14, 2022: $0.45Jun 14, 2022: $0.45Sep 14, 2022: $0.46Dec 14, 2022: $0.51Dec '22Mar 14, 2023: $0.48Jun 14, 2023: $0.48Sep 14, 2023: $0.48Dec 14, 2023: $0.48Mar 14, 2024: $0.48Mar '24Jun 14, 2024: $0.48Sep 13, 2024: $0.48Dec 13, 2024: $0.48Mar 14, 2025: $0.48Jun 13, 2025: $0.48Jun '25Sep 15, 2025: $0.48Dec 15, 2025: $0.48Mar 13, 2026: $0.48Jun 15, 2026: $0.48

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.25$2.502017: $1.52$1.5220172018: $1.54$1.5420182019: $1.68$1.6820192020: $1.60$1.6020202021: $1.62$1.6220212022: $1.87$1.8720222023: $1.92$1.9220232024: $1.92$1.9220242025: $1.92$1.9220252026 (YTD): $0.96$0.962026 YTD

How much ARCC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month625$12,313$1,200
$500 / month3,125$61,563$6,000
$1,000 / month6,250$123,125$12,000

Based on the forward yield of 9.75%. $10,000 in ARCC would currently pay about $975 a year ($81 a month on average). Model reinvestment and growth →

ARCC dividend history

Show all 87 payments
Ex-datePay dateAmountChange
Jun 15, 2026 Jun 30, 2026 $0.48 +0.0%
Mar 13, 2026 Mar 31, 2026 $0.48 +0.0%
Dec 15, 2025 Dec 30, 2025 $0.48 +0.0%
Sep 15, 2025 Sep 30, 2025 $0.48 +0.0%
Jun 13, 2025 Jun 30, 2025 $0.48 +0.0%
Mar 14, 2025 Mar 31, 2025 $0.48 +0.0%
Dec 13, 2024 Dec 30, 2024 $0.48 +0.0%
Sep 13, 2024 Sep 30, 2024 $0.48 +0.0%
Jun 14, 2024 Jun 28, 2024 $0.48 +0.0%
Mar 14, 2024 Mar 29, 2024 $0.48 +0.0%
Dec 14, 2023 Dec 28, 2023 $0.48 +0.0%
Sep 14, 2023 Sep 29, 2023 $0.48 +0.0%
Jun 14, 2023 Jun 30, 2023 $0.48 +0.0%
Mar 14, 2023 Mar 31, 2023 $0.48 -5.9%
Dec 14, 2022 Dec 29, 2022 $0.51 +10.9%
Sep 14, 2022 Sep 30, 2022 $0.46 +2.2%
Jun 14, 2022 Jun 30, 2022 $0.45 +0.0%
Mar 14, 2022 Mar 31, 2022 $0.45 +9.8%
Dec 14, 2021 Dec 30, 2021 $0.41 +0.0%
Sep 14, 2021 Sep 30, 2021 $0.41 +2.5%
Jun 14, 2021 Jun 30, 2021 $0.40 +0.0%
Mar 12, 2021 Mar 31, 2021 $0.40 +0.0%
Dec 14, 2020 Dec 30, 2020 $0.40 +0.0%
Sep 14, 2020 Sep 30, 2020 $0.40 +0.0%

Payout risk check

Yield-trap heuristicModerate risk

ARCC scores 45/100 on our yield-trap heuristic (moderate risk).

2 warning flags raised:

  • Payout ratio above 100% of earnings
  • Yield above 7%

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Ares Capital Corporation

Ares Capital Corporation is a business development company specializing in growth capital, acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in sports, media & entertainment, industrials & business services, infrastructure & power, financial institution groups, software & technology, specialty healthcare, consumer, retail & services, energy and the basic and growth manufacturing, consumer products, health care products, and information technology service sectors.

Sector: Financial Services. Industry: Asset Management. First dividend on our records: Dec 22, 2004. 87 payments tracked.

ARCC dividend FAQ

When is ARCC's next ex-dividend date?

ARCC's next ex-dividend date is Sep 15, 2026 (in 7 days, declared by the company). You must own the shares before that date to receive the payment of about $0.48 per share, expected on Sep 30, 2026.

How often does ARCC pay dividends?

ARCC pays dividends every quarter, 4 times a year. The most recent payment was $0.48 per share with an ex-date of Jun 15, 2026.

What is ARCC's dividend yield?

ARCC's trailing 12-month dividend yield is 9.75%, based on $1.92 per share paid over the last year and a share price of $19.70. The forward yield, using the indicated annual rate of $1.92 per share, is 9.75%.

How much does ARCC pay per share?

ARCC pays about $0.48 per share each quarter, which works out to roughly $1.92 per share a year. 100 shares would collect about $192.00 a year.

Has ARCC grown or cut its dividend?

Over the last 5 years the regular payout has grown at 3.7% a year (+0.0% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of ARCC do I need to earn $100 a month?

At the current forward yield of 9.75%, you would need about 625 shares of ARCC (roughly $12,313 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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