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Ares Commercial Real Estate Corporation (ACRE) Ex-Dividend Date Scheduled for April 04, 2013

By: NASDAQ.com News
Posted: 4/3/2013 9:00:00 AM
Referenced Stocks: ACRE;AMT;SPG

Ares Commercial Real Estate Corporation ( ACRE ) will begin trading ex-dividend on April 04, 2013. A cash dividend payment of $0.25 per share is scheduled to be paid on April 18, 2013. Shareholders who purchased ACRE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 316.67% increase over the same period a year ago.

The previous trading day's last sale of ACRE was $16.91, representing a -7.09% decrease from the 52 week high of $18.20 and a 13.87% increase over the 52 week low of $14.85.

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 -$.09. Zacks Investment Research reports ACRE's forecasted earnings growth in 2013 as 3375%, compared to an industry average of -6.5%.

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