The S&P 500 dividend yield is hovering around 1.2% right now, but Ares Capital (ARCC) is currently yielding 10.8%. They are a business development company, meaning they are required to pay out at least 90% of their taxable income as dividends. BDCs are usually fairly risky because they lend to smaller private companies, but Ares has a solid track record. Their net loan losses have averaged less than 0% since they started. Last year they generated $2.01 per share in core earnings compared to a $1.92 dividend, and they are carrying forward $1.38 per share in excess income to 2026 as a cushion. The dividend looks sustainable as long as the broader economy doesn't significantly deteriorate.