secwatch.observer — SEC 8-K summary
======================================

Issuer:     ARES CAPITAL CORP (ARCC)
CIK:        0001287750
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001287750-24-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Capital posts Q4 Core EPS $0.63, FY Core EPS $2.37; declares $0.48 dividend
--------------------------------------------------------------------------------

- GAAP net income per share Q4 $0.72 (vs $0.34 YoY); FY 2023 GAAP EPS $2.75 (vs $1.21).
- Core EPS Q4 $0.63 (flat YoY); FY Core EPS $2.37 vs $2.02, on higher net investment income.
- Net asset value per share $19.24, up from $18.40; debt/equity ratio improved to 1.07x from 1.29x.
- Declared Q1 2024 dividend of $0.48/share, payable March 29, record March 15 (unchanged regular rate).
- In Jan 2024 issued $1B 5.875% unsecured notes due 2029; stock repurchase program (up to $1B) extended to Feb 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287750/000128775024000009/0001287750-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287750/000128775024000009/arcc-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001287750-24-000009

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