Ares Dynamic Credit Allocation Fund Inc (NYSE:ARDC) recently announced a dividend of $0.12 per share, payable on 2024-01-31, with the ex-dividend date set for 2024-01-19. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's delve into Ares Dynamic Credit Allocation Fund Inc's dividend performance and assess its sustainability.
NEW YORK, October 10, 2023--Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE: ARDC) announced today the declaration of its distribution for the month of October 2023 of $0.1175 per common share, payable as noted below.
NEW YORK, September 25, 2023--Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) as of August 31, 2023 is now available via www.arespublicfunds.com.