Ares Dynamic Credit Allocation Fund, Inc.

Ares Dynamic Credit Allocation Fund, Inc.verified

ARDC

Price:

$15.13

Market Cap:

$346.70M

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocatio...[Read more]

Industry

Asset Management

IPO Date

2012-11-28

Stock Exchange

NYSE

Ticker

ARDC

The Dividend Yield as of December 2024 (TTM) for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) is 9.32%

According to Ares Dynamic Credit Allocation Fund, Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 9.32%. This represents a change of 82.77% compared to the average of 5.10% of the last 4 quarters.

Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Historical Dividend Yield (quarterly & annually)

How has ARDC Dividend Yield performed in the past?

The mean historical Dividend Yield of Ares Dynamic Credit Allocation Fund, Inc. over the last ten years is 8.65%. The current 9.32% Dividend Yield has changed 7.72% with respect to the historical average. Over the past ten years (40 quarters), ARDC's Dividend Yield was at its highest in in the June 2023 quarter at 5.35%. The Dividend Yield was at its lowest in in the December 2019 quarter at 1.40%.

Quarterly (TTM)
Annual

Average

8.65%

Median

8.51%

Minimum

7.16%

Maximum

10.31%

Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Ares Dynamic Credit Allocation Fund, Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 43.91%

Maximum Annual Dividend Yield = 10.31%

Minimum Annual Increase = -15.49%

Minimum Annual Dividend Yield = 7.16%

Quarterly (TTM)
Annual
YearDividend YieldChange
20239.85%-4.42%
202210.31%43.91%
20217.16%-14.68%
20208.40%-0.09%
20198.41%-2.42%
20188.61%14.25%
20177.54%-15.49%

Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Average Dividend Yield

How has ARDC Dividend Yield performed in the past?

The current Dividend Yield of Ares Dynamic Credit Allocation Fund, Inc. (ARDC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.11%

5-year avg

8.83%

10-year avg

8.65%

Ares Dynamic Credit Allocation Fund, Inc. (ARDC) Dividend Yield vs. Peers

How is ARDC’s Dividend Yield compared to its peers?

Ares Dynamic Credit Allocation Fund, Inc.’s Dividend Yield is less than Virtus Convertible & Income 2024 Target Term Fund (0%), less than Eaton Vance Floating-Rate Income Trust (2.18%), less than NXG NextGen Infrastructure Income Fund (10.47%), less than GAMCO Natural Resources, Gold & Income Trust (14.73%), less than MFS Investment Grade Municipal Trust (7.21%), less than Eaton Vance Senior Income Trust (3.90%), less than BlackRock Floating Rate Income Strategies Fund, Inc. (11.03%), less than Calamos Long/Short Equity & Dynamic Income Term Trust (10.47%), less than Eaton Vance Tax-Managed Buy-Write Income Fund (11.02%), less than Nuveen Preferred and Income Fund (8.16%), greater than Calamos Global Dynamic Income Fund (0%), less than Calamos Global Total Return Fund (8.61%), less than DTF Tax-Free Income 2028 Term Fund Inc. (8.22%), less than The Gabelli Global Small and Mid Cap Value Trust (3.57%), less than null (5.32%),

Build a custom stock screener for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Ares Dynamic Credit Allocation Fund, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Ares Dynamic Credit Allocation Fund, Inc. (ARDC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Ares Dynamic Credit Allocation Fund, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Dividend Yield?

How can you use the Dividend Yield?

What is Ares Dynamic Credit Allocation Fund, Inc.'s Dividend Yield?

How is the Dividend Yield calculated for Ares Dynamic Credit Allocation Fund, Inc. (ARDC)?

What is the highest Dividend Yield for Ares Dynamic Credit Allocation Fund, Inc. (ARDC)?

What is the 3-year average Dividend Yield for Ares Dynamic Credit Allocation Fund, Inc. (ARDC)?

What is the 5-year average Dividend Yield for Ares Dynamic Credit Allocation Fund, Inc. (ARDC)?

How does the current Dividend Yield for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) compare to its historical average?