|Day's range||0.0100 - 0.0200|
The company focuses on providing financing to middle-market businesses. Ares Capital's portfolio currently includes 466 companies. Like all BDCs registered as regulated investment companies, Ares Capital returns at least 90% of its taxable income to shareholders to avoid paying federal taxes.
Dividend stocks outperformed non-dividend payers by a 2-to-1 ratio over the last several decades. According to data from Hartford Funds and Ned Davis Research, dividend stocks managed 9.6% average annualized total returns since 1973 compared to a 4.8% return for those that don't pay dividends. The best returns tend to come from dividend growers and initiators (10.7% average annual total return).
Playa Hotels & Resorts and Capri Holdings are part of the Zacks Bull and Bear of the Day article.