#316~ Is ARCC's 10% Dividend About to Be Cut?
9 min
Should you sell Ares Capital (ARCC)? After ARCC's Q3 2026 earnings — net investment income of $0.46 per share vs. the $0.48 dividend, plus the announced MidCap Financial (MFIC) acquisition — I seriously considered selling my entire 650-share position. Here's how ARCC actually makes money, why its 10% dividend has been frozen since 2022, how the $1.37-per-share spillover cushion protects the payout, and the three warning signs that would make me sell. I also explain why I'm redirecting ARCC's dividends into Agree Realty (ADC) and VICI Properties, how ARCC performed vs. the S&P 500 since its 2004 IPO with dividends reinvested, and how Steven Bavaria's book The Income Factory shaped my decision. 📖 The Income Factory by Steven Bavaria 🔥 SPECIAL OFFERS: Seeking Alpha Premium offers my viewers 7 FREE days plus $30 off! This is the exact platform I use for my own research and stock analysis. Check it out here 💰Seeking Alpha Quant Growth and Income offers my viewers $50 off their first year! This is for serious dividend investors looking for income AND stock price appreciation! Use this link! P.S. Those are my affiliate links - thanks for the support! Special Offer - One FREE Month of Simply Safe Dividends... no credit card required! Click HERE! 📊 Track these picks and all Dapper Dividends recommendations in the spreadsheet Check out my current portfolio on 📱→Blossom: https://getblossom.onelink.me/SOfu/russ (affiliate) Email Russ: 👉 Russ@DapperDividends.com 🔔 Follow along with my dividend journey: → Website → YouTube Channel →...