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Whether a recession is on the horizon or not, Ares Capital Corporation (NASDAQ:ARCC) is in a good position to deliver stable net investment income in 2024.
The business development company once again out earned its dividend with net investment income
Analyst’s Disclosure:I/we have a beneficial long position in the shares of ARCC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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