Ares Dynamic Credit Allocation Fund, Inc. (ARDC) will begin trading ex-dividend on September 21, 2020. A cash dividend payment of $0.097 per share is scheduled to be paid on September 30, 2020. Shareholders who purchased ARDC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that ARDC has paid the same dividend. At the current stock price of $12.98, the dividend yield is 2.99%.
The previous trading day's last sale of ARDC was $12.98, representing a -18.42% decrease from the 52 week high of $15.91 and a 60.22% increase over the 52 week low of $8.10.
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 14.15% 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.