Ares Capital Corporation Announces March 31, 2020 Financial Results and Declares Second Quarter 2020 Dividend of $0.40 Per Share

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[{"type":"text","content":"\nDIVIDEND DECLARATIONS\n\n NEW YORK--(BUSINESS WIRE)--\nAres Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced that its Board of Directors has declared a second quarter dividend of $0.40 per share. The second quarter dividend is payable on June 30, 2020 to stockholders of record as of June 15, 2020.\n\n\nMARCH 31, 2020 FINANCIAL RESULTS\n\n\nAres Capital also announced financial results for its first quarter ended March 31, 2020.\n\n\nHIGHLIGHTS\n\n\nFinancial\n\n\n\n\n \n\n\n\n \n\n\n\nQ1-20\n\n\n\n \n\n\n\nQ1-19\n\n\n\n \n\n\n\n\n\n(dollar amounts in millions, except per share data)\n\n\n\n \n\n\n\nTotal\nAmount\n\n\n\n \n\n\n\nPer\nShare(1)\n\n\n\n \n\n\n\nTotal\nAmount\n\n\n\n \n\n\n\nPer\nShare(1)\n\n\n\n \n\n\n\n\n\nCore EPS(2)\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.41\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.48\n\n\n\n \n\n\n\n \n\n\n\n\n\nGAAP net income (loss) per share\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n(1.42\n\n\n\n)\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.50\n\n\n\n \n\n\n\n \n\n\n\n\n\nNet investment income\n\n\n\n \n\n\n\n$\n\n\n\n234\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.54\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n201\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.47\n\n\n\n \n\n\n\n \n\n\n\n\n\nNet realized gains\n\n\n\n \n\n\n\n$\n\n\n\n34\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.08\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n56\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.13\n\n\n\n \n\n\n\n \n\n\n\n\n\nNet unrealized losses\n\n\n\n \n\n\n\n$\n\n\n\n(880\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(2.04\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(43\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(0.10\n\n\n\n)\n\n\n\n \n\n\n\n\n\nGAAP net income (loss)\n\n\n\n \n\n\n\n$\n\n\n\n(612\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(1.42\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n214\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.50\n\n\n\n \n\n\n\n \n\n\n\n\n\nDividends declared and payable\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.40\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.42\n\n\n\n \n\n\n\n(3)\n\n\n\n\n\n\n\n \n\n\n\n \n\n\n\nAs of\n\n\n\n\n\n(dollar amounts in millions, except per share data)\n\n\n\n \n\n\n\nMarch 31, 2020\n\n\n\n \n\n\n\nDecember 31, 2019\n\n\n\n \n\n\n\nMarch 31, 2019\n\n\n\n\n\nPortfolio investments at fair value\n\n\n\n \n\n\n\n$\n\n\n\n14,370\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n14,426\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n13,064\n\n\n\n \n\...

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