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0.00272851296043663 0.00272851296043663 0.004774897680764 0.00270804911323328 0.00272851296043663 0.00272851296043663 0.00341064120054575 0.00329467939972722
Stock impact report

Ares Dynamic Credit Allocation Fund Declares Monthly Distributions of $0.1075 Per Share

Ares Dynamic Credit Allocation Fund, Inc. Common Shares (ARDC) 
US:NYSE Investor Relations: arespublicfunds.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced the declaration of monthly distributions for the next three months of $0.1075 per common share, payable as noted below.Ex-Date:October 18, 2019November 21, 2019December 19, 2019Record Date:October 21, 2019November 22, 2019December 20, 2019Payable Date:October 31, 2019November 29, 2019December 30, 2019Per Share Amount:$0.1075$0.1075$0.1075Based on the Fund’s current share price of $14.64 (as of its close on October 10, 2019), the distribution represents an annualized distribution rate of 8.81% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured. The distribution rate should not be considered the yield or total return on an investment in the Fund.The timing and Show less Read more
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