Ares Commercial Real Estate Corporation (ACRE) Ex-Dividend Date Scheduled for June 28, 2018

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Ares Commercial Real Estate Corporation ( ACRE ) will begin trading ex-dividend on June 28, 2018. A cash dividend payment of $0.28 per share is scheduled to be paid on July 17, 2018. Shareholders who purchased ACRE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.7% increase over prior dividend payment. At the current stock price of $13.99, the dividend yield is 8.01%.

The previous trading day's last sale of ACRE was $13.99, representing a -0.96% decrease from the 52 week high of $14.13 and a 16.97% increase over the 52 week low of $11.96.

ACRE is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). ACRE's current earnings per share, an indicator of a company's profitability, is $1.18. Zacks Investment Research reports ACRE's forecasted earnings growth in 2018 as 15.77%, compared to an industry average of .1%.

For more information on the declaration, record and payment dates, visit the ACRE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to ACRE through an Exchange Traded Fund [ETF]?
The following ETF(s) have ACRE as a top-10 holding:

  • iShares Trust ( REM ).

The top-performing ETF of this group is REM with an increase of 3.39% over the last 100 days. It also has the highest percent weighting of ACRE at 0.67%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
Referenced Symbols: ACRE , AMT , SPG , REM

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