Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Ex-Dividend Date Scheduled for November 17, 2015
Ares Dynamic Credit Allocation Fund, Inc. ( ARDC ) will begin trading ex-dividend on November 17, 2015. A cash dividend payment of $0.117 per share is scheduled to be paid on November 30, 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 $13.74, the dividend yield is 10.22%.
The previous trading day's last sale of ARDC was $13.74, representing a -18.07% decrease from the 52 week high of $16.77 and a 0.22% increase over the 52 week low of $13.71.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.