secwatch.observer — SEC 8-K summary
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Issuer:     ARES CAPITAL CORP (ARCC)
CIK:        0001287750
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001287750-23-000043
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Capital Q3 GAAP EPS $0.89 vs $0.21 YoY; declares Q4 dividend $0.48/share
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- GAAP net income $500M ($0.89/share) vs $104M ($0.21) in Q3-22; Core EPS $0.59 vs $0.50.
- NAV per share $18.99 vs $18.40 at Dec 31; leverage down to 1.03x net debt/equity from 1.26x.
- Q4 dividend declared $0.48/share, payable Dec 28, record Dec 15; flat QoQ, up from $0.46 regular year-ago.
- Q3 new investment commitments $1.6B, exits $1.3B; raised $600M 7.000% unsecured notes due 2027.
- Non-accrual loans improved to 1.2% of portfolio at cost from 1.7% at Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287750/000128775023000043/0001287750-23-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287750/000128775023000043/arcc-20231024.htm
  HTML page:      https://secwatch.observer/filing/0001287750-23-000043

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