5 Best BDC Stocks To Buy For the Rest of 2023

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1. Ares Capital Corporation (NASDAQ:ARCC)

Number of Hedge Fund Holders: 18

An American business development company, Ares Capital Corporation (NASDAQ:ARCC) tops our list of the best dividend stocks. The company currently pays a quarterly dividend of $0.48 per share and has a dividend yield of 9.85%, as of September 26. It has been growing its dividends consistently for the past three years.

At the end of June 2023, 18 hedge funds in Insider Monkey’s database held stakes in Ares Capital Corporation (NASDAQ:ARCC), compared with 19 in the previous quarter. The consolidated value of these stakes is $127.7 million.

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