Business
Ares Capital Corporation Announces Tax Reporting Information for Calendar Year 2021
NEW YORK--(BUSINESS WIRE)-- Ares Capital Corporation (“Ares Capital” or the “Company”) (NASDAQ:ARCC) announced today the tax treatment of the Company’s 2021
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 2021 common stock distributions (CUSIP #: 04010L103).\n\n\n\n \n\n\nRecord Date\n\n\n\n \n\n\nPayable Date\n\n\n\n \n\n\nTotal Paid Per Share\n\n\n\nOrdinary Income Per Share\n\n\n\n \n\n\nLong Term Capital Gains per Share (2)\n\n\n\n \n\n\nInterest - Related Dividends (3)\n\n\n\n \n\n\n\n\n\nOrdinary Rate\n\n\n\n20% Rate (1)\n\n\n\n \n\n\n\n\n\n3/15/2021\n\n\n\n3/31/2021\n\n\n\n$0.4000\n\n\n\n$0.3853\n\n\n\n$0.0147\n\n\n\n$0.0000\n\n\n\n85.5654%\n\n\n\n \n\n\n\n\n\n6/15/2021\n\n\n\n6/30/2021\n\n\n\n$0.4000\n\n\n\n$0.3853\n\n\n\n$0.0147\n\n\n\n$0.0000\n\n\n\n85.5654%\n\n\n\n \n\n\n\n\n\n9/15/2021\n\n\n\n9/30/2021\n\n\n\n$0.4100\n\n\n\n$0.3987\n\n\n\n$0.0113\n\n\n\n$0.0000\n\n\n\n84.9398%\n\n\n\n \n\n\n\n\n\n12/15/2021\n\n\n\n12/30/2021\n\n\n\n$0.4100\n\n\n\n$0.4044\n\n\n\n$0.0056\n\n\n\n$0.0000\n\n\n\n83.8763%\n\n\n\n \n\n\n\n\n\n\n\n$1.6200\n\n\n\n$1.5737\n\n\n\n$0.0463\n\n\n\n$0.0000\n\n\n\n \n\n\n\n \n\n\n\n\n\n% of Total Dividends Paid Per Share\n\n\n\n100.0000%\n\n\n\n97.1420%\n\n\n\n2.8580%\n\n\n\n0.0000%\n\n\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\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\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\nThis press release 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 circumstances.\n\nABOUT ARES CAPITAL CORPORATION\n\nFounded in 2004, Ares Capital is a leading specialty finance company focused on providing direct loans and other investments in private middle market companies in the United States. Ares Capital’s objective is to source and invest i...