Major U.S. indices had a good run in 2024, thanks to the buzz around artificial intelligence and interest rate cuts. However, macro uncertainty could weigh on investor sentiment in 2025. In this scenario, investors looking for regular income can consider adding dividend stocks to their portfolios. One such stock is Ares Capital Corporation (ARCC), a specialty finance provider that offers financing solutions to private middle-market companies.
With a quarterly dividend of 48 cents per share, ARCC stock offers a yield of 8.7%.RBC Capital Markets analyst, Lee reiterates a buy rating on ARCC with a price target of $23, calling the stock RBC's favorite BDC name for 2025. 'ARCC has a leading position in the BDC space, with benefits from scale, strong originations engine in the Ares direct lending platform (coverage across all MM segments), and ~20 years of experience and solid performance in the space,' said Lee. The analyst highlighted ARCC's ability to offer flexible capital across various financing solutions for clients as differentiating it from its peers. Lee also noted other strengths, including the company's impressive history in managing risks through the cycle, access to the resources of the Ares Credit Group, and scale advantages, given that it is the largest publicly traded BDC by assets. Lee also emphasized ARCC's dividends, which are backed by the company's core earnings per share and potential net realized gains. Lee ranks No. 23 among more than 9,200 analysts tracked by TipRanks. His ratings have been profitable 71% of the time, delivering an average return of 18.1%. Another company that recently boosted its dividend payout is ConocoPhillips (COP), an oil and gas exploration and production company. In October, the company delivered better-than-expected third-quarter earnings and raised its full-year output guidance to reflect the impact of operational efficiencies. Moreover, ConocoPhillips raised its quarterly dividend by 34% to 78 cents per share and boosted its existing share repurchase authorization by up to $20 billion. Based on an annualized dividend per share of $3.12, COP stock currently yields 3.5%.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: NBCPhiladelphia - 🏆 569. / 51 Weiterlesen »
Herkunft: NBCNewYork - 🏆 270. / 63 Weiterlesen »
Herkunft: NBCLA - 🏆 319. / 59 Weiterlesen »
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »