Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for March 18, 2014

By
A A A

Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on March 18, 2014. A cash dividend payment of $0.117 per share is scheduled to be paid on March 31, 2014. Shareholders who purchased ARDC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that ARDC has paid the same dividend. At the current stock price of $18.4, the dividend yield is 7.63%.

The previous trading day's last sale of ARDC was $18.4, representing a -9.85% decrease from the 52 week high of $20.41 and a 5.08% increase over the 52 week low of $17.51.


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

Interested in gaining exposure to ARDC through an Exchange Traded Fund [ETF]?
The following ETF(s) have ARDC as a top-10 holding:

  • PowerShares CEF Income Composite Portfolio ( PCEF ).

The top-performing ETF of this group is PCEF with an increase of 1.62% over the last 100 days. It also has the highest percent weighting of ARDC at 0.32%.



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




This article appears in: News Headlines , Stocks

Referenced Stocks: ARDC , PCEF

NASDAQ.com News

NASDAQ.com News

More from NASDAQ.com News:

Related Videos

Save Money in the Kitchen
Save Money in the Kitchen           

Stocks

Referenced

100%
100%

Most Active by Volume

46,426,930
  • $17.825 ▲ 0.88%
37,587,902
  • $3.945 ▲ 2.73%
36,601,286
  • $6.46 ▲ 3.36%
35,444,722
  • $14.86 ▲ 2.13%
35,363,764
  • $12.409 ▲ 9.14%
29,828,137
  • $5.46 ▼ 1.80%
27,105,662
  • $5.2643 ▲ 5.50%
23,962,021
  • $3.29 ▲ 6.13%
As of 7/28/2015, 01:34 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com