Ares Commercial Real Estate Corporation Reports First Quarter 2017 Results
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Ares Commercial Real Estate (ACRE) Declares $0.27 Quarterly Dividend; 7.7% Yield
May 2, 2017 6:54 AM EDTAres Commercial Real Estate (NYSE: ACRE) declared a quarterly dividend of $0.27 per share, or $1.08 annualized.
The dividend will be payable on July 17, 2017, to stockholders of record on June 30, 2017, with an ex-dividend date of June 28, 2017.
The annual yield on the dividend is 7.7... More
Ares Commercial Real Estate (ACRE) Misses Q1 EPS by 3c
May 2, 2017 6:31 AM EDTAres Commercial Real Estate (NYSE: ACRE) reported Q1 EPS of $0.23, $0.03 worse than the analyst estimate of $0.26.
Our first quarters results were in-line with our expectations and do not reflect our full potential due to our significant amount of undeployed capital available for future investment, said Robert L. Rosen, Chairman of the Board and Interim Co-Chief Executive Officer of Ares Commercial Real Estate Corporation. Based on our capital availability and... More
