Ares Commercial Real Estate Corporation (ACRE) Ex-Dividend Date Scheduled for December 27, 2013


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Ares Commercial Real Estate Corporation ( ACRE ) will begin trading ex-dividend on December 27, 2013. A cash dividend payment of $0.25 per share is scheduled to be paid on January 22, 2014. Shareholders who purchased ACRE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that ACRE has paid the same dividend. At the current stock price of $13.12, the dividend yield is 7.62%.

The previous trading day's last sale of ACRE was $13.12, representing a -25.67% decrease from the 52 week high of $17.65 and a 8.97% increase over the 52 week low of $12.04.

ACRE is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). ACRE's current earnings per share, an indicator of a company's profitability, is $.75. Zacks Investment Research reports ACRE's forecasted earnings growth in 2013 as 1950%, compared to an industry average of -13.9%.

For more information on the declaration, record and payment dates, visit the ACRE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
More Headlines for: ACRE , AMT , SPG

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