Ares Dynamic Credit Allocation Fund (ARDC) Declares $0.1125 Monthly Dividend; 9.7% Yield
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Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution Of $0.1125 Per Share
May 9, 2025 4:18 PM EDTNEW YORK, NY / ACCESS Newswire / May 9, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE: ARDC) announced today the declaration of its distribution for the month of May 2025 of $0.1125 per common share, payable as noted below.
The following dates apply to the declared distribution:
Ex-Date: May 19, 2025
Record Date: May 19, 2025
Payable Date: May 30, 2025
Per Share Amount: $0.1125
Based on the Fund's current share price of $13.76 (as of its close on May 8, 2025), the distribution represents an annualized distribution rate of... More
