Ares Capital (NASDAQ:ARCC) has long been a popular stock among income investors, thanks to its high-yielding dividend. The business development company (BDC) currently offers a yield of more than 10%, significantly above the broader market (the S&P 500 yields around 1.1%). However, its latest earnings report raised some questions about the sustainability of that payout. Meanwhile, a newly announced acquisition could help strengthen its future earnings. Here's a closer look at whether Ares Capital is an attractive investment opportunity following these developments. Image source: Getty Images.
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