Ares Capital Corporation announced its financial results for the second quarter ended June 30, 2024, reporting a GAAP net income of $322 million, or $0.52 per share, and Core EPS of $0.61. The company's investment activity increased, driven by deep origination capabilities and longstanding relationships.
Ares Capital declared a third quarter 2024 dividend of $0.48 per share.
GAAP net income was $322 million, or $0.52 per share.
Core EPS was $0.61.
New investment commitments totaled approximately $3.9 billion.
Ares Capital's management expressed confidence in the company's ability to deliver attractive investment returns and highlighted the strength of its balance sheet to support future investments.
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