Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution of $0.1175 per Share
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Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) has declared a monthly distribution of $0.1175 per share for November 2024, with an annualized distribution rate of approximately 9.34%.
November 11, 2024 | 9:30 pm
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Ares Dynamic Credit Allocation Fund has announced a monthly distribution of $0.1175 per share, offering an annualized distribution rate of 9.34%.
The announcement of a monthly distribution provides a steady income stream for investors, which is likely to be viewed positively, potentially leading to a short-term increase in stock price.
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