Ares Commercial Real Estate Corp (NYSE:ACRE) on 07/26/2018 declared a dividend of $ 0.2900 per share payable on October 16, 2018 to shareholders of record as of September 28, 2018. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

Ares Commercial Real Estate Corp (NYSE:ACRE) has paid dividends since 2012, has a current dividend yield of 8.33% and has increased its dividends for 2 successive years.

Ares Commercial Real Estate Corp's market cap is $ 398,098,080 and has a PE ratio of 11.80. The stock price closed yesterday at $ 13.92 and has a 52 week low/high of $ 11.96 and $ 14.25.

Ares Commercial Real Estate is a finance company primarily engaged in originating and investing in commercial real estate loans and related investments. Through Ares Commercial Real Estate Management LLC, an investment adviser and a subsidiary of Ares Management, L.P., it has investment personnnel located across the U.S. and Europe who directly source new loan opportunities for Co. with owners, operators and sponsors of commercial real estate (CRE) properties. Co.'s target investments include senior mortgage loans, subordinated debt, preferred equity, mezzanine loans and other CRE investment opportunities, including commercial mortgage-backed securities.

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