Credit: Shutterstock photoAres Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on February 16, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on February 29, 2016. Shareholders who purchased ARDC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ARDC has paid the same dividend. At the current stock price of $12.08, the dividend yield is 10.93%.
The previous trading day's last sale of ARDC was $12.08, representing a -27.97% decrease from the 52 week high of $16.77 and a 1.85% increase over the 52 week low of $11.86.
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.