Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for May 20, 2014


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Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on May 20, 2014. A cash dividend payment of $0.117 per share is scheduled to be paid on May 30, 2014. Shareholders who purchased ARDC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that ARDC has paid the same dividend. At the current stock price of $18.45, the dividend yield is 7.61%.

The previous trading day's last sale of ARDC was $18.45, representing a -7.66% decrease from the 52 week high of $19.98 and a 5.37% 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.

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

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