Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for November 20, 2013
Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on November 20, 2013. A cash dividend payment of $0.117 per share is scheduled to be paid on November 29, 2013. Shareholders who purchased ARDC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that ARDC has paid the same dividend. At the current stock price of $17.74, the dividend yield is 7.91%.
The previous trading day's last sale of ARDC was $17.74, representing a -13.08% decrease from the 52 week high of $20.41 and a 0.51% increase over the 52 week low of $17.65.