We Are Ares Capital (NASDAQ:ARCC) is the largest business development company (BDC) in the world with $12.6 billion in market cap and a portfolio that, measured at fair value, was worth $22.9 billion in Q4 2023 holding different sub-asset classes among 505 portfolio companies. Currently, this BDC offers a dividend yield of 9.2%, most recent payout ratio of 71.9% and Seeking Alpha's dividend safety score of C+. I assume that most of you who are reading this analysis come to see why I am rating this stock wit ...