Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) announced a monthly dividend on Tuesday, October 11th. Stockholders of record on Friday, October 21st will be paid a dividend of 0.1025 per share on Monday, October 31st. This represents a $1.23 annualized dividend and a dividend yield of 8.37%. The ex-dividend date is Wednesday, October 19th.

Shares of Ares Dynamic Credit Allocation Fund (NYSE:ARDC) traded down 0.47% during midday trading on Tuesday, hitting $14.74. 53,221 shares of the stock traded hands. The firm’s 50-day moving average is $14.59 and its 200 day moving average is $14.05. Ares Dynamic Credit Allocation Fund has a 52 week low of $11.86 and a 52 week high of $14.90.

Dividend History for Ares Dynamic Credit Allocation Fund (NYSE:ARDC)

5 Day Chart for NYSE:ARDC

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