Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for August 15, 2013
Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on August 15, 2013. A cash dividend payment of $0.117 per share is scheduled to be paid on August 30, 2013. Shareholders who purchased ARDC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that ARDC has paid the same dividend. At the current stock price of $19.08, the dividend yield is 7.36%.
The previous trading day's last sale of ARDC was $19.08, representing a -6.52% decrease from the 52 week high of $20.41 and a 4.84% increase over the 52 week low of $18.20.
For more information on the declaration, record and payment dates, visit the ARDC Dividend History page.