Ares Capital Corporation announced its financial results for the fourth quarter (Q4) and full year (FY) ended December 31, 2025. The company declared a Q4 dividend of USD 0.48 per share, with a total payout of approximately USD 344 million, paid on December 30, 2025, to stockholders of record as of December 15, 2025. During Q4 2025, Ares Capital issued and sold approximately 1.1 million shares of common stock under its equity distribution agreements, raising net proceeds of around USD 22 million after sales agents' commissions and estimated offering expenses. In January 2026, Ares Capital issued USD 750 million in aggregate principal amount of unsecured notes, bearing interest at 5.250 percent per annum and maturing on April 12, 2031. The notes pay interest semi-annually, with all principal due at maturity. Management highlighted that Ares Capital maintained strong credit performance with stable non-accruals and generated core earnings in excess of dividends for the period. The company added a record USD 4.5 billion of new gross debt commitments in 2025, while maintaining ample liquidity to support portfolio companies. Ares Capital also noted a track record of paying a stable or growing level of regular quarterly dividends for over 16 consecutive years through year-end 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ares Capital Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001287750-26-000004), on February 04, 2026, and is solely responsible for the information contained therein.