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Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for April 18, 2013

Posted
4/17/2013 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:ARDC

Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on April 18, 2013. A cash dividend payment of $0.117 per share is scheduled to be paid on April 30, 2013. Shareholders who purchased ARDC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that ARDC has paid the same dividend. At the current stock price of $19.84, the dividend yield is 7.08%.

The previous trading day's last sale of ARDC was $19.84, representing a -2.75% decrease from the 52 week high of $20.40 and a 3.98% increase over the 52 week low of $19.08.

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