This step chart displays the nominal dividend payouts over time by ex-dividend date (the date you must own the stock by to receive each payment), matching the distribution frequency.
Reported quarterly values; no daily interpolation.
+0.1pp over 10Y
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Annual Dividend History(payment-date basis)
Year
Dividend/Share
YoY Growth
2026(YTD)
$1.44
Not comparable
2025
$1.92
+0.00%
2024
$1.92
+0.00%
2023
$1.92
+2.67%
2022
$1.87
+15.43%
2021
$1.62
+1.25%
2020
$1.60
-4.76%
2019
$1.68
+9.09%
Dividend Yield Metrics
Current Yield
10.20%
Average Yield (TTM)
9.90%
Average Yield (3Y)
9.39%
Forward Yield on Cost (3Y)
11.59%
Forward Yield on Cost (5Y)
12.62%
Forward Yield on Cost (10Y)
15.60%
Payout Ratio Analysis
Payout Ratio (Current)
142.21%
Payout Ratio (3Y Avg)
83.91%
Payout Ratio (5Y Avg)
90.49%
FCF payout ratio is unavailable for Ares Capital Corporation: applicability has not been verified for this financial-services business. The current sector-based policy withholds this model until its treatment of debt, cash and cash flows is confirmed for the company.
