Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for December 15, 2015
Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on December 15, 2015. A cash dividend payment of $0.117 per share is scheduled to be paid on December 31, 2015. Shareholders who purchased ARDC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 36th quarter that ARDC has paid the same dividend. At the current stock price of $13.08, the dividend yield is 10.73%.
The previous trading day's last sale of ARDC was $13.08, representing a -22% decrease from the 52 week high of $16.77 and a 0.61% increase over the 52 week low of $13.
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