Is it Time to Buy this High-Yielding BDC?

In recent news, Business Development Company (BDC) Ares Capital (ARCC) announced a $3.4 million deal to acquire investment firm American Capital (ACAS). After American Capital ditches American Capital Mortgage Management (in a $562 million sale to American Capital Agency), the combined firm will investments...
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Ares Capital (ARCC)

This BDC beat analysts’ estimates by four cents in its most recent quarter. The shares were just upgraded to ‘Outperform’ by Macquarie and have a current yield of 9.77%, paid quarterly. Ares Capital (ARCC) From Adrian Day’s Global Analyst Ares Capital (ARCC) is the largest the...
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