A recession has arrived, making it more important than ever for dividend investors to invest in business development companies that have a long track record of successfully managing investors' money.Ares Capital $Ares Capital(ARCC)$ is a highly regarded business development firm with a long history of achieving high returns on equity. The BDC also has a conservative asset allocation and strong net investment income, which allows it to cover its growing dividend payout. Even when trading at a premium to net asset value, ARCC is a buy.Ares Capital's investment portfolio did not change much in 2Q-22: the business development firm had an uneventful quarter in terms of portfolio composition, with only minor changes in the investment structure.As of Jun