Ares Capital Corporation (ARCC)

11-22-24: Hit $22 on the nose today. Updated JStock to $17.60 – $28 and set a trailing stop at 5%


05-15-24: Been holding this since before 2011 but consolidations between discount brokers have made it hard to track the full history. Currently pays ~9% dividend and price band is $17 – $22, so setting trailing stops at the top and buying the dips.



From CLI v1, July 8, 2009:

Sold at $17. I see $14.65 as the current support, and will come back at $14.80 to buy again if the dividend is still good.

Original Post:

askStockGuru has them at but price of 6.80 as of this writing , I had a watch at 6.99 running for awhile. The hesitation would be that the market is trending down, and I (like most honest investors) don’t know how long that trend will last.  The dividend is tempting, though I note from Yahoo company events that it was recently cut.

 

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