secwatch.observer — SEC 8-K summary
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Issuer:     ARES CAPITAL CORP (ARCC)
CIK:        0001287750
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001287750-23-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Capital Q1 core EPS $0.57, up 36% YoY; declares $0.48 dividend
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- Core EPS $0.57 vs $0.42 YoY; GAAP net income $278M ($0.52 per share).
- Net investment income $318M ($0.60 per share) vs $198M ($0.41) YoY.
- Q2 dividend $0.48 per share, payable June 30, 2023, record June 15.
- Leverage reduced to 1.09x net debt/equity from 1.26x; $4.4B available under credit facilities.
- New investment commitments $766M in Q1; portfolio fair value $21.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287750/000128775023000018/0001287750-23-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287750/000128775023000018/arcc-20230425.htm
  HTML page:      https://secwatch.observer/filing/0001287750-23-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer