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
AI Analysis of ARDC
| 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 | |
|---|---|---|---|---|---|
| 71 | Jul 12, 2018 | Jul 20, 2018 | Jul 31, 2018 | $0.108 | 0.682% |
| 72 | Apr 12, 2018 | Jun 20, 2018 | Jun 29, 2018 | $0.108 | 0.671% |
| 73 | Apr 12, 2018 | May 23, 2018 | May 31, 2018 | $0.108 | 0.657% |
| 74 | Apr 12, 2018 | Apr 20, 2018 | Apr 30, 2018 | $0.108 | 0.660% |
| 75 | Jan 12, 2018 | Mar 21, 2018 | Mar 30, 2018 | $0.108 | 0.665% |
| 76 | Jan 12, 2018 | Feb 21, 2018 | Feb 28, 2018 | $0.108 | 0.664% |
| 77 | Jan 12, 2018 | Jan 19, 2018 | Jan 31, 2018 | $0.108 | 0.664% |
| 78 | Oct 11, 2017 | Dec 20, 2017 | Dec 29, 2017 | $0.105 | 0.639% |
| 79 | Oct 11, 2017 | Nov 21, 2017 | Nov 30, 2017 | $0.105 | 0.639% |
| 80 | Oct 11, 2017 | Oct 20, 2017 | Oct 31, 2017 | $0.105 | 0.638% |
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.
