Ares Capital (ARCC) Dividend History & Yield

Ares Capital (ARCC) has increased its dividend for multiple years and currently yields 10.61%. The most recent payment was $0.4800/share on Mar 13, 2026, paid Quarterly.

Current Yield

10.61%

TTM Dividend/Share

$1.92

Payment Frequency

Quarterly

Payout Ratio

20.6%

Consecutive Growth Years

0

Div Growth (1Y CAGR)

0.00%

Div Growth (5Y CAGR)

3.71%

Div Growth (10Y CAGR)

2.03%

Dividend Safety Score

1 out of 5 checks passed

Payout ratio below 75%

Payout ratio is 20.6%, well below the 75% threshold.

Free cash flow covers dividend

FCF/share ($1.63) does not fully cover dividend/share ($1.92).

No dividend cuts in 10+ years

2 dividend cut(s) in the last 10 years.

Positive earnings growth trend

Earnings per share have declined over the past 5 years.

10+ years of consecutive growth

Only 0 consecutive year(s) of dividend growth.

Dividend Payment History

Yield values are for each row's ex-date, not today's live yield.

  • Ex-date Mar 13, 2026

    Payment date
    Mar 31, 2026
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    0.11%
  • Ex-date Dec 15, 2025

    Payment date
    Dec 30, 2025
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    9.45%
  • Ex-date Sep 15, 2025

    Payment date
    Sep 30, 2025
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    9.01%
  • Ex-date Jun 13, 2025

    Payment date
    Jun 30, 2025
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    8.92%
  • Ex-date Mar 14, 2025

    Payment date
    Mar 31, 2025
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    9.02%
  • Ex-date Dec 13, 2024

    Payment date
    Dec 30, 2024
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    8.85%
  • Ex-date Sep 13, 2024

    Payment date
    Sep 30, 2024
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    9.43%
  • Ex-date Jun 14, 2024

    Payment date
    Jun 28, 2024
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    9.28%
  • Ex-date Mar 14, 2024

    Payment date
    Mar 29, 2024
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    9.60%
  • Ex-date Dec 14, 2023

    Payment date
    Dec 28, 2023
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    9.73%
  • Ex-date Sep 14, 2023

    Payment date
    Sep 29, 2023
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    0.10%
  • Ex-date Jun 14, 2023

    Payment date
    Jun 30, 2023
    Dividend
    $0.4800
    Adj. dividend
    $0.4800
    Yield (ex-date)
    0.10%

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 1.90%5Y: 7.36%10Y: 8.37%

Dividend Growth

CAGR (per year)1Y: 0.00%5Y: 3.71%10Y: 2.03%→ Stable

Dividend Increase Track Record

The table shows 10 year-over-year increases across 21 calendar years of data (20052025).

YearPrevious DPSNew DPSChange
2026$1.9200
2025$1.9200$1.92000.0%
2024$1.9200$1.92000.0%
2023$1.8700$1.9200+2.7%
2022$1.6200$1.8700+15.4%
2021$1.6000$1.6200+1.2%
2020$1.6800$1.6000-4.8%
2019$1.5400$1.6800+9.1%
2018$1.5200$1.5400+1.3%
2017$1.5200$1.52000.0%
2016$1.5700$1.5200-3.2%
2015$1.5700$1.57000.0%
2014$1.5700$1.5700-0.0%
2013$1.6000$1.5700-1.9%
2012$1.4100$1.6000+13.5%
2011$1.4000$1.4100+0.7%
2010$1.4700$1.4000-4.8%
2009$1.6800$1.4700-12.5%
2008$1.6600$1.6800+1.2%
2007$1.6400$1.6600+1.2%
2006$1.3000$1.6400+26.2%
2005$1.3000

DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.

Frequently asked questions

Does Ares Capital pay dividends?

Yes, Ares Capital (ARCC) pays quarterly dividends of approximately $1.92 per share annually, yielding 10.61%.

What is Ares Capital's dividend yield?

Ares Capital (ARCC) has a current dividend yield of 10.61%.

Is Ares Capital's dividend safe?

Ares Capital (ARCC) passes 1 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.

How many consecutive years has Ares Capital increased its dividend?

Ares Capital (ARCC) has 0 consecutive years of dividend increases.

What is Ares Capital's dividend payout ratio?

Ares Capital (ARCC) has a dividend payout ratio of 20.6%.