Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC – Get Free Report) announced a monthly dividend on Tuesday, September 10th, Wall Street Journal reports. Stockholders of record on Friday, September 20th will be paid a dividend of 0.1175 per share on Monday, September 30th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 9.22%. The ex-dividend date of this dividend is Friday, September 20th.
Ares Dynamic Credit Allocation Fund Stock Performance
Shares of NYSE ARDC traded down $0.07 during mid-day trading on Thursday, reaching $15.30. The company had a trading volume of 90,944 shares, compared to its average volume of 102,577. Ares Dynamic Credit Allocation Fund has a 1-year low of $11.83 and a 1-year high of $15.49. The company has a 50-day moving average price of $15.15 and a two-hundred day moving average price of $14.57.
About Ares Dynamic Credit Allocation Fund
Read More
- Five stocks we like better than Ares Dynamic Credit Allocation Fund
- With Risk Tolerance, One Size Does Not Fit All
- 3 Leveraged ETFs to Multiply Returns
- How to Effectively Use the MarketBeat Ratings Screener
- A Tale of Two Titans: Unveiling the Value in Baidu and JD.com
- Why is the Ex-Dividend Date Significant to Investors?
- Is the AI-Capable iPhone 16 the Start of a Sales Super-Cycle?
Receive News & Ratings for Ares Dynamic Credit Allocation Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ares Dynamic Credit Allocation Fund and related companies with MarketBeat.com's FREE daily email newsletter.