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Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for September 19, 2013
By: NASDAQ.com News
Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on September 19, 2013. A cash dividend payment of $0.117 per share is scheduled to be paid on September 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 $18.55, the dividend yield is 7.57%.
The previous trading day's last sale of ARDC was $18.55, representing a -9.11% decrease from the 52 week high of $20.41 and a 3.46% increase over the 52 week low of $17.93.