Ex-Div Reminder for Ares Dynamic Credit Allocation Fund (ARDC)By Dividend Channel Staff, Tuesday, January 18, 10:06 AM ETOn 1/20/22, Ares Dynamic Credit Allocation Fund (NYSE:ARDC) will trade ex-dividend, for its monthly dividend of $0.0975, payable on 1/31/22. As a percentage of ARDC's recent stock price of $16.01, this dividend works out to approximately 0.61%, so look for shares of Ares Dynamic Credit Allocation Fund to trade 0.61% lower — all else being equal — when ARDC shares open for trading on 1/20/22. Below is a dividend history chart for ARDC, showing historical dividends prior to the most recent $0.0975 declared by Ares Dynamic Credit Allocation Fund: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ARDC is likely to continue, and whether the current estimated yield of 7.31% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ARDC shares, versus its 200 day moving average:
Looking at the chart above, ARDC's low point in its 52 week range is $14.33 per share, with $16.66 as the 52 week high point — that compares with a last trade of $16.01. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
Ares Dynamic Credit Allocation Fund is in our coverage universe of monthly dividend paying stocks. In Tuesday trading, Ares Dynamic Credit Allocation Fund shares are currently down about 0.3% on the day.
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