AFC

REIT Classifications: When investing in real estate investment trusts (REITs), it is important to understand the two main types: mortgage REITs and equity REITs. Mortgage REITs generate income by underwriting or purchasing mortgages for the operators of the real estate. While equity REITs typically earn income through the rents of their tenants on their real estate assets. A benefit to investing in mortgage REITs is that they typically have higher yields than equity REITs, with a five-year average dividend yield of 10.8% amongst the various REIT sectors, as reported by S&P Global. As the cannabis REIT space has exploded over the past few years, this new emerging market will now be tested

NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (“Ares Capital”) (NASDAQ:ARCC) announced that its Board of Directors has declared a fourth quarter dividend of $0.40 per share. The fourth quarter dividend is payable on December 30, 2020 to stockholders of record as of December 15, 2020. SEPTEMBER 30, 2020 FINANCIAL RESULTS Ares Capital also announced financial results for its third quarter ended September 30, 2020. HIGHLIGHTS Financial     Q3-20   Q3-19   (dollar amounts in millions, except per share data)   Total Amount   Per Share(1)   Total Amount   Per Share(1)   Core EPS(2)       $ 0.39