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Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for March 19, 2013
By: NASDAQ.com News
Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on March 19, 2013. A cash dividend payment of $0.117 per share is scheduled to be paid on March 29, 2013. Shareholders who purchased ARDC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ARDC has paid the same dividend. At the current stock price of $19.73, the dividend yield is 7.12%.
The previous trading day's last sale of ARDC was $19.73, representing a -3.28% decrease from the 52 week high of $20.40 and a 3.41% 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.