Ares Dynamic Credit Allocation Fund Inc (NYSE:ARDC) declared on 06/10/2022 a dividend of $0.0975 per share payable June 30, 2022 to shareholders of record as of June 21, 2022.

Ares Dynamic Credit Allocation Fund Inc (NYSE:ARDC) has paid dividends since 2013, has a current dividend yield of 8.8838262558% and has increased dividends for 0 consecutive years.

The stock price closed yesterday at $13.17 and has a 52-week low/high of $12.66 and $16.66.

Ares Dynamic Credit Allocation Fund is registered as a closed-end investment company. The Fund’s investment objective is to seek a level of risk-adjusted total return, through current income and, incidentally, capital appreciation. The Fund invests primarily in a portfolio of senior secured loans to companies whose debt is rated below investment grade, corporate bonds which are primarily high yield issues rated below investment grade instruments, other fixed income instruments of a similar nature which may be represented by derivatives and securities issued by entities commonly referred to as loan-backed bonds and other asset-backed securities.

For more information on Ares Dynamic Credit Allocation Fund Inc, click here.

Current Ares Dynamic Credit Allocation Fund Inc. dividend information as of the date of this press release is:

Dividend declaration date: June 10, 2022
Ex-dividend date: June 17, 2022
Dividend record date: June 21, 2022
Dividend payment date: June 30, 2022
Dividend amount: $0.0975

About The Author

Related Posts