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Did This 10% Yielder Get Safer?!

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Did This 10% Yielder Get Safer?!

Marc Lichtenfeld, Chief Income Strategist, The Oxford Club

Marc Lichtenfeld

Last year, I reviewed the dividend safety of Ares Capital Corp. (Nasdaq: ARCC). At the time, shares of the business development company (BDC) yielded 8.7%. I gave the stock a "B" for dividend safety.

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Today, the yield is 10% due to a decline in the stock price and an increase in the dividend. Ten percent is high for a dividend yield.

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