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Ares Dynamic Credit Allocation Fund Inc Dividend Announcement

(NYSE:ARDC), www.aresdc.com

DIVIDEND ANNOUNCEMENT: Ares Dynamic Credit Allocation Fund Inc (NYSE:ARDC) on 04/11/2019 declared a dividend of $0.1075 per share

April 11, 2019

Ares Dynamic Credit Allocation Fund Inc (NYSE:ARDC) on 04/11/2019 declared a dividend of $ 0.1075 per share payable on April 30, 2019 to shareholders of record as of April 22, 2019. Dividend amount recorded is a decrease of $ 0.0025 from last dividend Paid.

Ares Dynamic Credit Allocation Fund Inc (NYSE:ARDC) has paid dividends since 2013, has a current dividend yield of 8.5714282990% and has increased its dividends for 1 successive years.

The stock price closed yesterday at $ 15.05 and has a 52 week low/high of $ 13.07 and $ 16.73.

Ares Dynamic Credit Allocation Fund is a a closed-end, non-diversified management investment company. The Fund's investment objective is to provide an attractive risk-adjusted level of total return, primarily through current income and, secondarily, through capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a dynamically managed portfolio of (i) secured loans, (ii) corporate bonds, and (iii) debt securities. As of Oct 31 2016, The Fund has total investments of $572,757,782 and total assets of $594,089,989.

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

Ares Dynamic Credit Allocation Fund Inc current dividend information as per the date of this press release is:
Dividend Declaration Date: April 11, 2019
Dividend Ex Date: April 18, 2019
Dividend Record Date: April 22, 2019
Dividend Payment Date: April 30, 2019
Dividend Amount: $ 0.1075
 
 

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