Ares Capital Q4 2021 Earnings Report
Key Takeaways
Ares Capital Corporation announced its financial results for the fourth quarter and year ended December 31, 2021, featuring record results across originations, core earnings, and net asset value. The company increased its regular quarterly dividend to $0.42 per share and declared additional dividends totaling $0.12 per share for 2022.
Ares Capital declared a first quarter dividend of $0.42 per share and additional dividends totaling $0.12 per share for 2022.
Core EPS for Q4 2021 was $0.58 per share, compared to $0.54 per share in Q4 2020.
GAAP net income for Q4 2021 was $382 million, or $0.83 per share, compared to $378 million, or $0.89 per share in Q4 2020.
The company made new investment commitments of approximately $5.9 billion in Q4 2021.
Ares Capital
Ares Capital
Forward Guidance
Ares Capital did not provide any forward guidance in the earnings report.