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Posted by
Two Blokes Jun 10 -
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Stock
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NEW YORK, NY / ACCESS Newswire / June 10, 2025 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of June 2025 of $0.1125 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: June 20, 2025Record Date: June 20, 2025Payable Date: June 30, 2025Per Share Amount: $0.1125 Based on the Fund's current share price of $14.15 (as of its close on June 9, 2025), the distribution represents an annualized distribution rate of approximately 9.54% (calculated by annualizing the distribution amount and dividing it by the current price).
