Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC – Get Free Report) declared a monthly dividend on Wednesday, December 11th,Wall Street Journal reports. Shareholders of record on Friday, December 20th will be paid a dividend of 0.1175 per share on Tuesday, December 31st. This represents a $1.41 dividend on an annualized basis and a yield of 9.20%. The ex-dividend date is Friday, December 20th.
Ares Dynamic Credit Allocation Fund Price Performance
ARDC traded up $0.03 on Wednesday, reaching $15.33. The stock had a trading volume of 90,978 shares, compared to its average volume of 96,268. The firm has a 50-day moving average of $15.19 and a 200-day moving average of $15.07. Ares Dynamic Credit Allocation Fund has a fifty-two week low of $12.88 and a fifty-two week high of $15.62.
About Ares Dynamic Credit Allocation Fund
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