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DIVIDEND ANNOUNCEMENT: Ares Commercial Real Estate Corp (NYSE:ACRE) on 11/02/2022 declared a dividend of $0.3500 per share

November 02, 2022

Ares Commercial Real Estate Corp (NYSE:ACRE) on 11/02/2022 declared a dividend of $ 0.3500 per share payable on January 18, 2023 to shareholders of record as of December 30, 2022.

Ares Commercial Real Estate Corp (NYSE:ACRE) has paid dividends since 2012, has a current dividend yield of 10.5939006805% and has increased its dividends for 6 successive years.

Ares Commercial Real Estate Corp's market cap is $ 678,297,480 and has a PE ratio of 11.12. The stock price closed yesterday at $ 12.46 and has a 52 week low/high of $ 9.99 and $ 16.48.

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 (CRE) loans and related investments. Co. is externally managed by Ares Commercial Real Estate Management LLC, a subsidiary of Ares Management Corporation. Co.'s target investments primarily include senior mortgage loans, subordinated debt, preferred equity, mezzanine loans and other CRE investment opportunities, including commercial mortgage-backed securities.

For more information on Ares Commercial Real Estate Corp click here.

Ares Commercial Real Estate Corp current dividend information as per the date of this press release is:
Dividend Declaration Date: November 02, 2022
Dividend Ex Date: December 29, 2022
Dividend Record Date: December 30, 2022
Dividend Payment Date: January 18, 2023
Dividend Amount: $ 0.3500
 
 

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