Ares Capital (NASDAQ:ARCC) reported second-quarter core earnings of $0.47 per share, unchanged from the prior quarter, while GAAP net income rose to $0.24 per share from $0.13 in the first quarter. Schnabel said Ares Capital added four investments to non-accrual during the quarter, but the companies were in unrelated businesses and did not indicate a sector-specific trend. In response to questions about challenged portfolio companies, Schnabel said the company’s preference is for sponsors to provide additional capital and work with lenders rather than for Ares Capital to take control of businesses. Ares Capital has paid stable or increasing regular quarterly dividends for 68 consecutive quarters, according to Lem. About Ares Capital (NASDAQ:ARCC)Ares Capital Corporation (NASDAQ: ARCC) is a publicly traded business development company (BDC) that specializes in providing debt and equity financing solutions to U.S. middle-market companies.