Cash Dividend On The Way From Ares Dynamic Credit Allocation Fund (ARDC)

Looking at the universe of stocks we cover at Dividend Channel, on 5/19/15, Ares Dynamic Credit Allocation Fund ( ARDC) will trade ex-dividend, for its monthly dividend of $0.117, payable on 5/29/15. As a percentage of ARDC's recent stock price of $16.27, this dividend works out to approximately 0.72%, so look for shares of Ares Dynamic Credit Allocation Fund to trade 0.72% lower — all else being equal — when ARDC shares open for trading on 5/19/15.

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Below is a dividend history chart for ARDC, showing historical dividends prior to the most recent $0.117 declared by Ares Dynamic Credit Allocation Fund:

ARDC+Dividend+History+Chart

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 8.63% 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:

Ares Dynamic Credit Allocation Fund 200 Day Moving Average Chart

Looking at the chart above, ARDC's low point in its 52 week range is $15.45 per share, with $18.58 as the 52 week high point — that compares with a last trade of $16.23.

In Friday trading, Ares Dynamic Credit Allocation Fund shares are currently up about 0.1% on the day.

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