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 0 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 | |
---|---|---|---|---|---|
31 | Nov 11, 2021 | Nov 19, 2021 | Nov 30, 2021 | $0.0980 | 0.617% |
32 | Oct 12, 2021 | Oct 21, 2021 | Oct 29, 2021 | $0.0980 | 0.599% |
33 | Sep 13, 2021 | Sep 17, 2021 | Sep 30, 2021 | $0.0980 | 0.605% |
34 | Aug 10, 2021 | Aug 19, 2021 | Aug 31, 2021 | $0.0980 | 0.602% |
35 | Jul 09, 2021 | Jul 16, 2021 | Jul 30, 2021 | $0.0980 | 0.618% |
36 | Jun 11, 2021 | Jun 18, 2021 | Jun 30, 2021 | $0.0980 | 0.606% |
37 | May 11, 2021 | May 20, 2021 | May 28, 2021 | $0.0980 | 0.620% |
38 | Apr 09, 2021 | Apr 16, 2021 | Apr 30, 2021 | $0.0980 | 0.639% |
39 | Mar 11, 2021 | Mar 19, 2021 | Mar 31, 2021 | $0.0980 | 0.652% |
40 | Feb 11, 2021 | Feb 18, 2021 | Feb 26, 2021 | $0.0980 | 0.664% |
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 (1.82%). 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 (10.93%), which means that there are more attractive dividend stocks to consider.