Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for January 21, 2014
Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on January 21, 2014. A cash dividend payment of $0.117 per share is scheduled to be paid on January 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 $18.59, the dividend yield is 7.55%.
The previous trading day's last sale of ARDC was $18.59, representing a -8.92% decrease from the 52 week high of $20.41 and a 6.17% increase over the 52 week low of $17.51.
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 2.95% over the last 100 days. It also has the highest percent weighting of ARDC at 0.28%.