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Ares Capital Corporation Announces Tax Reporting Information for Calendar Year 2020
NEW YORK--(BUSINESS WIRE)-- Ares Capital Corporation (“Ares Capital” or the “Company”) (NASDAQ:ARCC) announced today the tax treatment of the Company’s 2020
About this update from Ares Capital Corporation
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nAres Capital Corporation (“Ares Capital” or the “Company”) (NASDAQ:ARCC) announced today the tax treatment of the Company’s 2020 common stock distributions (CUSIP #: 04010L103).\n\n\n\n\n \n\n\n\n\n \n\n\n\n\n \n\n\n\nOrdinary Income Per Share\n\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nRecord Date\n\n\n\n \n\n\n\nPayable\n\n\nDate\n\n\n\n \n\n\n\nTotal Paid\n\n\nPer Share\n\n\n\n \n\n\n\nOrdinary\n\n\nRate\n\n\n\n \n\n\n\n20% Rate\n\n\n(1)\n\n\n\n \n\n\n\nLong Term\n\n\nCapital Gains\n\n\nper Share (2)\n\n\n\n \n\n\n\nInterest -\n\n\nRelated\n\n\nDividends (3)\n\n\n\n\n\n\n3/16/2020\n\n\n \n\n3/31/2020\n\n\n \n\n$0.4000\n\n\n \n\n$0.3947\n\n\n \n\n$0.0053\n\n\n \n\n$0.0000\n\n\n \n\n90.3327%\n\n\n\n\n\n\n6/15/2020\n\n\n \n\n6/30/2020\n\n\n \n\n$0.4000\n\n\n \n\n$0.3947\n\n\n \n\n$0.0053\n\n\n \n\n$0.0000\n\n\n \n\n90.3327%\n\n\n\n\n\n\n9/15/2020\n\n\n \n\n9/30/2020\n\n\n \n\n$0.4000\n\n\n \n\n$0.3968\n\n\n \n\n$0.0032\n\n\n \n\n$0.0000\n\n\n \n\n87.4885%\n\n\n\n\n\n\n12/15/2020\n\n\n \n\n12/30/2020\n\n\n \n\n$0.4000\n\n\n \n\n$0.3982\n\n\n \n\n$0.0018\n\n\n \n\n$0.0000\n\n\n \n\n85.5663%\n\n\n\n\n\n\n \n\n \n\n$1.6000\n\n\n \n\n$1.5844\n\n\n \n\n$0.0156\n\n\n \n\n$0.0000\n\n\n \n\n \n\n\n\n\n\n\n% of Total Dividends Paid Per\nShare\n\n\n \n\n100.0000%\n\n\n \n\n99.0250%\n\n\n \n\n0.9750%\n\n\n \n\n0.0000%\n\n\n \n\n\n\n\n\n(1)\n\n\n \n\nThe Company hereby designates these distributions as amounts eligible for treatment as qualified dividend income in accordance with IRC section 854(b) as well as eligible for the dividends received deduction available to certain U.S. domestic corporations.\n\n\n\n\n\n(2)\n\n\n \n\nNo portion of the Company’s distributions is designated as an amount eligible for treatment as a capital gain dividend in accordance with IRC sections 852(b)(3) and 854(a).\n\n\n\n\n\n(3)\n\n\n \n\nThe Company hereby designates the above percentages of each of the total dividends by payment date as “interest-related dividends” within the meaning of IRC section 871(k).\n\n\n\n\nThis press release and information provided at www.arescapitalcorp.com is not intended to constitute tax, legal, investment, or other professional advice. This is general information and should not be relied upon for tax purposes. Stockholders should consult their tax advisor for tax guidance pertinent to specific facts and ...