Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for April 18, 2019

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Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on April 18, 2019. A cash dividend payment of $0.108 per share is scheduled to be paid on April 30, 2019. Shareholders who purchased ARDC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that ARDC has paid the same dividend. At the current stock price of $15.03, the dividend yield is 8.62%.

The previous trading day's last sale of ARDC was $15.03, representing a -10.16% decrease from the 52 week high of $16.73 and a 15% increase over the 52 week low of $13.07.

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

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

  • First Trust CEF Income Opportunity ETF ( FCEF ).

The top-performing ETF of this group is FCEF with an increase of 5.91% over the last 100 days.

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
Referenced Symbols: ARDC , FCEF

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