Ares Commercial Real Estate Corporation (ACRE) Ex-Dividend Date Scheduled for June 26, 2013

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Ares Commercial Real Estate Corporation ( ACRE ) will begin trading ex-dividend on June 26, 2013. A cash dividend payment of $0.25 per share is scheduled to be paid on July 18, 2013. Shareholders who purchased ACRE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ACRE has paid the same dividend. At the current stock price of $12.71, the dividend yield is 7.87%.

The previous trading day's last sale of ACRE was $12.71, representing a -28.68% decrease from the 52 week high of $17.82 and a 0.47% increase over the 52 week low of $12.65.

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 $.07. Zacks Investment Research reports ACRE's forecasted earnings growth in 2013 as 1612.5%, compared to an industry average of -.4%.

For more information on the declaration, record and payment dates, visit the ACRE Dividend History page.

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
Referenced Symbols: ACRE , AMT , SPG

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