Ares Dynamic Credit's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Ares Dynamic Credit (NYSE:ARDC) announced a monthly dividend of 11.75 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning ARDC by the end of Tuesday are eligible for the dividend, to be paid on March 28, 2024.

March 15, 2024 | 2:45 pm
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Ares Dynamic Credit announced a monthly dividend of 11.75 cents per share, with the ex-dividend date on Wednesday. Eligible shareholders will receive the dividend on March 28, 2024.
The announcement of a monthly dividend is a routine financial activity for Ares Dynamic Credit, indicating a stable financial position. However, the stock price is expected to adjust on the ex-dividend date to reflect the payout, which is a common occurrence and typically does not indicate a long-term impact on the stock's value.
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