ARCC is a relatively well-established BDC stock in the USA, founded in 1997.
BDC stocks popular among high dividend concept enthusiasts are abbreviations for Business Development Company, which are investment companies focusing on business development.
BDCs can be exempt from corporate taxes by distributing over 90% of profits as dividends to investors, effectively returning that portion to investors.
In fact, the current dividend yield is an amazing 9%. However, this stock tends to plummet significantly during economic downturns.
What would you do now?
$Ares Capital Corp (ARCC.US)$

$JPMorgan Nasdaq Equity Premium Income ETF (JEPQ.US)$
Should I buy JEPI or JEPQ