ARES CAPITAL CORP - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed on May 4, 2016, by Ares Capital Corporation. The filing serves to announce financial results for the quarter ended March 31, 2016, and to disclose a dividend declaration.
Key Financial Metrics
The filing text references a press release (Exhibit 99.1) containing the detailed financial results for the quarter ended March 31, 2016. However, the specific numerical values for revenue, profit, cash flow, margins, debt, and liquidity are not included in the body of this Form 8-K document.
Material Changes and Dividend Declaration
- Dividend Declaration: The company declared a second quarter 2016 dividend of $0.38 per share.
- Payment Details: The dividend is payable on June 30, 2016, to stockholders of record as of June 15, 2016.
- Financial Results: The filing confirms the issuance of a press release regarding Q1 2016 results but does not detail specific material changes or comparative figures within this text.
Guidance, Outlook, and Risks
The filing text does not provide specific management commentary, forward-looking guidance, risk factors, or contingencies beyond the announcement of the dividend and the reference to the press release.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated May 4, 2016) for specific Q1 2016 revenue, net income, and cash flow figures.
- Verify the record date (June 15, 2016) and payment date (June 30, 2016) for the $0.38 per share dividend.
- Check the full press release for any updates on the company's loan portfolio, leverage ratios, or liquidity position not detailed in this summary.