Printer Friendly
The Free Library
19,604,530 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Ares Capital Corporation Declares Dividend of $0.34 Per Share.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Ares Capital Corporation (Nasdaq:ARCC ARCC Anoka Ramsey Community College
ARCC Association for the Rights of Catholics in the Church
ARCC Architectural Research Centers Consortium
ARCC African Regional Centre for Computing
ARCC AIM Research Conference Center
) announced that its Board of Directors has declared a fourth quarter dividend of $0.34 per share, payable on January 16, 2006 to stockholders of record as of December 22, 2005.

Ares Capital Corporation currently estimates that 100% of distributions paid for the year ending December 31, 2005 will be generated from ordinary taxable income Under the federal tax law, gross income reduced by adjustments and allowable deductions. It is the income against which tax rates are applied to compute an individual or entity's tax liability. The essence of taxable income is the accrual of some gain, profit, or benefit to a taxpayer. . This allocation is only an estimate and should not be relied upon for tax reporting purposes. Definitive tax reporting information on Form 1099-DIV Form 1099-DIV

A form sent to investors by investment fund companies. The form is a record of all taxable capital gains and dividends paid to an investor, including those that have been re-invested in a given taxation year.
 regarding distributions paid for 2005 is expected to be mailed to shareholders in January 2006.

About Ares Capital Corporation

Ares Capital Corporation is a closed-end, non-diversified management investment company that is regulated as a business development company under the Investment Company Act of 1940. Its investment objectives are to generate both current income and capital appreciation through debt and equity investments. Ares Capital Corporation invests primarily in first and second lien A Second lien financing is a form of financing secured on a second ranking basis by (more or less) the same security, which secures the first ranking financing. The first lien lenders and the second lien lenders agree that, in the event of a security enforcement or bankruptcy, the  senior loans and mezzanine debt, which in some cases may include an equity component, and, to a lesser extent, in equity investments in private middle market companies.

Forward-Looking Statements

Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These statements are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statements made herein.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Dec 12, 2005
Words:269
Previous Article:Silver Standard Doubles Silver Resources at Pitarrilla Project in Mexico.
Next Article:Movielink Launches New Family-Friendly Site to Provide Families with Fun, Safe Titles for Download; Movielink Family Enriches the Movie Downloading...
Topics:



Related Articles
Ares Capital Corporation Prices Public Offering.
Ares Capital Corporation Announces Completion of Public Offering.
Endurance Specialty Holdings Declares Quarterly Dividend of $0.25 Per Ordinary Share and $0.34 Per Series a Preferred Share.
Tortoise Energy Capital Corporation Announces Fourth Quarter Dividend.
Ares Capital Announces September 30, 2005 Financial Results.
Clough Global Equity Fund Declares Special Dividend.
Date Change Notification for Clough Global Equity Fund Special Dividend.
First Potomac Realty Trust Declares First Quarter Dividend.
Ares Capital Corporation Declares Regular Second Quarter Dividend of $0.41 Per Share and Announces March 31, 2007 Financial Results.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles