Ares Dynamic Credit Allocation Fund Inc Stock Dividends
ARDC pays dividends monthly. Last paid amount was $0.118 at Apr 30, 2024. As of today, dividend yield (TTM) is 10.70%.
Dividend Yield Range
Dividend Analysis | Generate |
Key Stats
Dividend Yield (TTM) | 10.70% |
---|---|
Frequency | Monthly |
1Y Growth | 3.98% |
Payout Ratio | 0 |
Amount Per Share | $0.118 |
Next Ex-Dividend Date | May 20, 2024 |
Next Payment Date | May 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from ARDC the purchase should be done within the next 2 days.
Here's a simple guide on how to buy ARDC stock.
ARDC Dividend Payout History
To ensure a understanding of ARDC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
11 | Jul 11, 2023 | Jul 20, 2023 | Jul 31, 2023 | $0.113 | 0.89% |
12 | Jun 09, 2023 | Jun 16, 2023 | Jun 30, 2023 | $0.113 | 0.92% |
13 | May 11, 2023 | May 19, 2023 | May 31, 2023 | $0.113 | 0.96% |
14 | Apr 11, 2023 | Apr 20, 2023 | Apr 28, 2023 | $0.113 | 0.93% |
15 | Mar 10, 2023 | Mar 17, 2023 | Mar 31, 2023 | $0.108 | 0.90% |
16 | Feb 10, 2023 | Feb 17, 2023 | Feb 28, 2023 | $0.108 | 0.85% |
17 | Jan 10, 2023 | Jan 19, 2023 | Jan 31, 2023 | $0.108 | 0.85% |
18 | Dec 09, 2022 | Dec 16, 2022 | Dec 30, 2022 | $0.103 | 0.89% |
19 | Nov 11, 2022 | Nov 18, 2022 | Nov 30, 2022 | $0.103 | 0.84% |
20 | Oct 11, 2022 | Oct 20, 2022 | Oct 31, 2022 | $0.103 | 0.89% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
ARDC Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from ARDC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in ARDC stock here.
Comparing ARDC to Sector and Country
ARDC pays a solid dividend yield of 10.70%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). ARDC’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.05%), which means that there are more attractive dividend stocks to consider.