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Ares Capital's Q1 Core Earnings, Total Investment Income Rise
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Ares Capital's Q1 Core Earnings, Total Investment Income Rise
May 1, 2024 6:09 AM

08:33 AM EDT, 05/01/2024 (MT Newswires) -- Ares Capital ( ARCC ) reported Q1 core earnings Wednesday of $0.59 per share, up from $0.57 a year earlier.

Analysts polled by Capital IQ expected adjusted EPS of $0.60.

Total investment income for the quarter ended March 31 was $701 million, up from $618 million a year earlier.

Analysts surveyed by Capital IQ expected $703.9 million.

The company maintained its dividend of $0.48 per share, payable June 28 to shareholders of record on June 14.

Price: 20.60, Change: -0.01, Percent Change: -0.05

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