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Jun 30, 2021

Ares Capital Q2 2021 Earnings Report

Announced financial results for the second quarter ended June 30, 2021 and declared third quarter 2021 dividend of $0.41 per share.

Key Takeaways

Ares Capital Corporation reported strong core earnings, healthy portfolio performance, and record NAV per share for Q2 2021. The company's board of directors also declared a third quarter dividend of $0.41 per share, an increase of $0.01 per share over the prior quarter dividend.

Core EPS was $0.53.

GAAP net income per share was $1.09.

Net investment income was $171 million.

The company increased the regular quarterly dividend to $0.41 per share.

Total Revenue
$459M
Previous year: $350M
+31.1%
EPS
$0.53
Previous year: $0.39
+35.9%
Debt/Equity Ratio
1.16
Previous year: 1.12
+3.6%
Cash and Equivalents
$377M
Previous year: $278M
+35.6%
Total Assets
$18B
Previous year: $14.5B
+24.2%

Ares Capital

Ares Capital

Forward Guidance

Ares Capital did not provide specific forward guidance in the text of the earnings report.