Ares Capital Corporation Announces December 31, 2024 Financial Results and Declares First Quarter 2025 Dividend of $0.48 Per Share
Ares Capital Corporation (“Ares Capital”) (
NASDAQARCC) announced that its Board of Directors has declared a first quarter 2025 dividend of $0.48 per share. The first quarter 2025 dividend is payable on March 31, 2025 to stockholders of record as of March 14, 2025.
Ares Capital Corporation Appoints Kort Schnabel as Chief Executive Officer
Ares Capital Corporation (
NASDAQARCC) (“Ares Capital” or the “Company”) announced today that Co-President Kort Schnabel has been appointed as Chief Executive Officer of the Company, effective April 30, 2025. Concurrently, Kipp deVeer will be stepping down as CEO and will remain a member of the Board of Directors. Mr. deVeer will also continue to serve as a member of the Investment Committee of Ares Capital’s investment adviser. Jim Miller, who was appointed Co-President of Ares Capital in October 2024, will continue as the Company’s sole President.
Ares Capital Corporation Announces Tax Reporting Information for Calendar Year 2024
Ares Capital Corporation (“Ares Capital” or the “Company”) (
NASDAQARCC) announced today the tax treatment of the Company’s 2024 common stock distributions (CUSIP #: 04010L103).
Ares Capital Corporation Schedules Earnings Release for the Fourth Quarter and Fiscal Year Ended December 31, 2024NEW YORK, NY / ACCESSWIRE / January 3, 2025 / Ares Capital Corporation ("Ares Capital") (
NASDAQARCC) announced today that it will report earnings for the fourth quarter and fiscal year ended December 31, 2024 on Wednesday, February 5, 2025 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 12:00 p.m. (Eastern Time) on the same day to discuss its fourth quarter and fiscal year ended December 31, 2024 financial results.
Ares Capital Corporation Prices Public Offering of $1 Billion 5.800% Unsecured Notes Due 2032
Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $1 billion in aggregate principal amount of 5.800% notes due 2032. The notes will mature on March 8, 2032 and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable.
Ares Capital Corporation Appoints Jim Miller as Co-President
Ares Capital Corporation (“Ares Capital”) (
NASDAQARCC) announced today that James (“Jim”) R. Miller was appointed as Co-President to serve alongside current Co-President, Kort Schnabel. Concurrently, Ares Capital’s Board of Directors was expanded by one member. Mitchell (“Mitch”) Goldstein joined Ares Capital’s Board of Directors, and Mitch Goldstein and Michael L. Smith have been appointed to serve as Co-Chairmen of Ares Capital’s Board of Directors. Michael Arougheti will cease to serve as Chairman of Ares Capital’s Board of Directors but will continue to serve as a Director. Kipp deVeer will continue in his role as a Director and Chief Executive Officer.
Ares Capital Corporation Announces September 30, 2024 Financial Results and Declares Fourth Quarter 2024 Dividend of $0.48 Per Share
Ares Capital Corporation (“Ares Capital”) (
NASDAQARCC) announced that its Board of Directors has declared a fourth quarter 2024 dividend of $0.48 per share. The fourth quarter 2024 dividend is payable on December 30, 2024 to stockholders of record as of December 13, 2024.
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Ares Capital Corporation Schedules Earnings Release for the Third Quarter Ended September 30, 2024
Ares Capital Corporation (“Ares Capital”) (
NASDAQARCC) announced today that it will report earnings for the third quarter ended September 30, 2024 on Wednesday, October 30, 2024 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 12:00 p.m. (Eastern Time) on the same day to discuss its third quarter ended September 30, 2024 financial results.
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Ares Capital Corporation Announces June 30, 2024 Financial Results and Declares Third Quarter 2024 Dividend of $0.48 Per Share
Ares Capital Corporation (“Ares Capital”) (
NASDAQARCC) announced that its Board of Directors has declared a third quarter 2024 dividend of $0.48 per share. The third quarter 2024 dividend is payable on September 30, 2024 to stockholders of record as of September 13, 2024.
Ares Capital Corporation Prices Public Offering of $850 Million 5.950% Unsecured Notes Due 2029
Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $850 million in aggregate principal amount of 5.950% notes due 2029. The notes will mature on July 15, 2029, and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable.
Ares Capital Corporation Announces March 31, 2024 Financial Results and Declares Second Quarter 2024 Dividend of $0.48 Per Share
Ares Capital Corporation (“Ares Capital”) (
NASDAQARCC) announced that its Board of Directors has declared a second quarter 2024 dividend of $0.48 per share. The second quarter 2024 dividend is payable on June 28, 2024 to stockholders of record as of June 14, 2024.
Ares Capital Corporation Schedules Earnings Release for the First Quarter Ended March 31, 2024NEW YORK, NY / ACCESSWIRE / April 3, 2024 / Ares Capital Corporation ("Ares Capital") (
NASDAQARCC) announced today that it will report earnings for the first quarter ended March 31, 2024 on Wednesday, May 1, 2024 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 10:00 a.m. (Eastern Time) on the same day to discuss its first quarter ended March 31, 2024 financial results.
Ares Capital Corporation to Present at the 2024 RBCCM Global Financial Institutions ConferenceNEW YORK, NY / ACCESSWIRE / February 27, 2024 / Ares Capital Corporation ("Ares Capital") (
NASDAQARCC) announced today that Kort Schnabel, Ares Capital's Co-President, is scheduled to present at the RBCCM Global Financial Institutions Conference on Wednesday, March 6, 2024 at 2:40pm ET.
Ares Capital Corporation to Present at the Raymond James 45th Annual Institutional Investors ConferenceNEW YORK, NY / ACCESSWIRE / February 27, 2024 / Ares Capital Corporation ("Ares Capital") (
NASDAQARCC) announced today that Kort Schnabel, Ares Capital's Co-President, and Scott Lem, Ares Capital's Chief Financial Officer, are scheduled to present at the Raymond James 45th Annual Institutional Investors Conference on Tuesday, March 5, 2024 at 8:05am ET.
Ares Capital Corporation to Present at the 2024 UBS Financial Services ConferenceNEW YORK, NY / ACCESSWIRE / February 20, 2024 / Ares Capital Corporation ("Ares Capital") (
NASDAQARCC) announced today that Kipp deVeer, Ares Capital's Chief Executive Officer, is scheduled to present at the UBS Financial Services Conference on Tuesday, February 27, 2024 at 12:10pm ET.
Ares Capital Corporation to Present at the 2024 BofA Securities Financial Services ConferenceNEW YORK, NY / ACCESSWIRE / February 14, 2024 / Ares Capital Corporation ("Ares Capital") (
NASDAQARCC) announced today that Kort Schnabel, Ares Capital's Co-President, is scheduled to present at the BofA Securities Financial Services Conference on Wednesday, February 21, 2024 at 12:50pm ET.
Ares Capital Corporation Announces December 31, 2023 Financial Results and Declares First Quarter 2024 Dividend of $0.48 Per Share
Ares Capital Corporation (“Ares Capital”) (
NASDAQARCC) announced that its Board of Directors has declared a first quarter 2024 dividend of $0.48 per share. The first quarter 2024 dividend is payable on March 29, 2024 to stockholders of record as of March 15, 2024.
Ares Capital Corporation Announces Tax Reporting Information for Calendar Year 2023NEW YORK, NY / ACCESSWIRE / January 31, 2024 / Ares Capital Corporation ("Ares Capital" or the "Company") (
NASDAQARCC) announced today the tax treatment of the Company's 2023 common stock distributions (CUSIP #: 04010L103).
Ares Capital Corporation Prices Public Offering of $1.00 Billion 5.875% Unsecured Notes Due 2029
Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $1.00 billion in aggregate principal amount of 5.875% notes due 2029. The notes will mature on March 1, 2029, and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable.
Ares Capital Corporation Schedules Earnings Release for the Fourth Quarter and Fiscal Year Ended December 31, 2023NEW YORK, NY / ACCESSWIRE / January 3, 2024 / Ares Capital Corporation ("Ares Capital") (
NASDAQARCC) announced today that it will report earnings for the fourth quarter and fiscal year ended December 31, 2023 on Wednesday, February 7, 2024 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 11:00 a.m. (Eastern Time) on the same day to discuss its fourth quarter and fiscal year ended December 31, 2023 financial results.
Ares Capital Corporation Appoints Scott Lem as Chief Financial Officer
Ares Capital Corporation (“Ares Capital”) (
NASDAQARCC) announced today that Ares Capital’s Chief Accounting Officer, Vice President and Treasurer, Scott Lem, has been appointed as its new Chief Financial Officer, effective February 15, 2024. Mr. Lem succeeds Penni Roll, who plans to step down as Ares Capital’s Chief Financial Officer, effective the same date. Ms. Roll, who also serves as the Chief Financial Officer of Ares Management Corporation’s (“Ares”) Credit Group, will remain an officer of Ares Capital and at Ares in a senior leadership capacity.
