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DIVIDEND ANNOUNCEMENT: Ares Commercial Real Estate Corp (NYSE:ACRE) on 11/08/2019 declared a dividend of $0.3300 per share
Ares Commercial Real Estate Corp (NYSE:ACRE) on 11/08/2019 declared a dividend of $ 0.3300 per share payable on January 15, 2020 to shareholders of record as of December 30, 2019.
Ares Commercial Real Estate Corp (NYSE:ACRE) has paid dividends since 2012, has a current dividend yield of 8.5603113174% and has increased its dividends for 3 successive years.
Ares Commercial Real Estate Corp's market cap is $ 445,159,980 and has a PE ratio of 11.51. The stock price closed yesterday at $ 15.42 and has a 52 week low/high of $ 12.75 and $ 15.84.
Ares Commercial Real Estate is a holding company. Through its subsidiaries, Co. 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 Corporation, it has investment personnel 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 primarily include senior mortgage loans, subordinated debt, preferred equity, mezzanine loans and other CRE investment opportunities.
For more information on Ares Commercial Real Estate Corp click here.
Dividend Ex Date: December 27, 2019
Dividend Record Date: December 30, 2019
Dividend Payment Date: January 15, 2020
Dividend Amount: $ 0.3300
ACRE LINKS
ACRE Dividend History Detail
ACRE Projected 10 Year Dividend Yield
ACRE Dividend News
ACRE Competitors News
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