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 Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States.
Ares Dynamic Credit Allocation Fund Dividend Announcement
• Ares Dynamic Credit Allocation Fund announced a monthly dividend of $0.12 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-21
• Ares Dynamic Credit Allocation Fund annual dividend for 2024 was $1.29
• Ares Dynamic Credit Allocation Fund annual dividend for 2023 was $1.36
• Ares Dynamic Credit Allocation Fund's trailing twelve-month (TTM) dividend yield is 9.22%
• Ares Dynamic Credit Allocation Fund's payout ratio for the trailing twelve months (TTM) is 60.52%
• Ares Dynamic Credit Allocation Fund's dividend growth over the last five years (2018-2023) was 1.00% year
• Ares Dynamic Credit Allocation Fund's dividend growth over the last ten years (2013-2023) was -0.35% year
Ares Dynamic Credit Allocation Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-21 | $0.12 | monthly | 2024-11-29 |
2024-10-21 | $0.12 | monthly | 2024-10-31 |
2024-09-20 | $0.12 | monthly | 2024-09-30 |
2024-08-20 | $0.12 | monthly | 2024-08-30 |
2024-07-22 | $0.12 | monthly | 2024-07-31 |
2024-06-21 | $0.12 | monthly | 2024-06-28 |
2024-05-20 | $0.12 | monthly | 2024-05-31 |
2024-04-19 | $0.12 | monthly | 2024-04-30 |
2024-03-20 | $0.12 | monthly | 2024-03-28 |
2024-02-20 | $0.12 | monthly | 2024-02-29 |
2024-01-19 | $0.12 | monthly | 2024-01-31 |
2023-12-20 | $0.12 | monthly | 2023-12-29 |
2023-11-17 | $0.12 | monthly | 2023-11-30 |
2023-10-19 | $0.12 | monthly | 2023-10-31 |
2023-09-20 | $0.12 | monthly | 2023-09-29 |
2023-08-18 | $0.11 | monthly | 2023-08-31 |
2023-07-20 | $0.11 | monthly | 2023-07-31 |
2023-06-16 | $0.11 | monthly | 2023-06-30 |
2023-05-19 | $0.11 | monthly | 2023-05-31 |
2023-04-20 | $0.11 | monthly | 2023-04-28 |
2023-03-17 | $0.11 | monthly | 2023-03-31 |
2023-02-17 | $0.11 | monthly | 2023-02-28 |
2023-01-19 | $0.11 | monthly | 2023-01-31 |
2022-12-16 | $0.10 | monthly | 2022-12-30 |
2022-11-18 | $0.10 | monthly | 2022-11-30 |
2022-10-20 | $0.10 | monthly | 2022-10-31 |
2022-09-16 | $0.10 | monthly | 2022-09-30 |
2022-08-19 | $0.10 | monthly | 2022-08-31 |
2022-07-20 | $0.10 | monthly | 2022-07-29 |
2022-06-17 | $0.10 | monthly | 2022-06-30 |
2022-05-19 | $0.10 | monthly | 2022-05-31 |
2022-04-20 | $0.10 | monthly | 2022-04-29 |
2022-03-18 | $0.10 | monthly | 2022-03-31 |
2022-02-18 | $0.10 | monthly | 2022-02-28 |
2022-01-20 | $0.10 | monthly | 2022-01-31 |
2021-12-17 | $0.10 | monthly | 2021-12-30 |
2021-11-19 | $0.10 | monthly | 2021-11-30 |
2021-10-21 | $0.10 | monthly | 2021-10-29 |
2021-09-17 | $0.10 | monthly | 2021-09-30 |
2021-08-19 | $0.10 | monthly | 2021-08-31 |
2021-07-16 | $0.10 | monthly | 2021-07-30 |
2021-06-18 | $0.10 | monthly | 2021-06-30 |
2021-05-20 | $0.10 | monthly | 2021-05-28 |
2021-04-16 | $0.10 | monthly | 2021-04-30 |
2021-03-19 | $0.10 | monthly | 2021-03-31 |
2021-02-18 | $0.10 | monthly | 2021-02-26 |
2021-01-20 | $0.10 | monthly | 2021-01-29 |
2020-12-18 | $0.10 | monthly | 2020-12-31 |
2020-11-18 | $0.10 | monthly | 2020-11-30 |
2020-10-16 | $0.10 | monthly | 2020-10-30 |
2020-09-21 | $0.10 | monthly | 2020-09-30 |
2020-08-20 | $0.10 | monthly | 2020-08-31 |
2020-07-20 | $0.10 | monthly | 2020-07-31 |
2020-06-22 | $0.10 | monthly | 2020-06-30 |
2020-05-20 | $0.10 | monthly | 2020-05-29 |
2020-04-20 | $0.10 | monthly | 2020-04-30 |
2020-03-19 | $0.11 | monthly | 2020-03-31 |
2020-02-20 | $0.11 | monthly | 2020-02-28 |
2020-01-21 | $0.11 | monthly | 2020-01-31 |
2019-12-19 | $0.11 | monthly | 2019-12-30 |
2019-11-21 | $0.11 | monthly | 2019-11-29 |
2019-10-18 | $0.11 | monthly | 2019-10-31 |
2019-09-18 | $0.11 | monthly | 2019-09-30 |
2019-08-19 | $0.11 | monthly | 2019-08-30 |
2019-07-19 | $0.11 | monthly | 2019-07-31 |
2019-06-18 | $0.11 | monthly | 2019-06-28 |
2019-05-21 | $0.11 | monthly | 2019-05-31 |
2019-04-18 | $0.11 | monthly | 2019-04-30 |
2019-03-19 | $0.11 | monthly | 2019-03-29 |
2019-02-19 | $0.11 | monthly | 2019-02-28 |
2019-01-18 | $0.11 | monthly | 2019-01-31 |
2018-12-19 | $0.11 | monthly | 2018-12-31 |
2018-11-19 | $0.11 | monthly | 2018-11-30 |
2018-10-19 | $0.11 | monthly | 2018-10-31 |
2018-09-19 | $0.11 | monthly | 2018-09-28 |
2018-08-22 | $0.11 | monthly | 2018-08-31 |
2018-07-20 | $0.11 | monthly | 2018-07-31 |
2018-06-20 | $0.11 | monthly | 2018-06-29 |
2018-05-23 | $0.11 | monthly | 2018-05-31 |
2018-04-20 | $0.11 | monthly | 2018-04-30 |
2018-03-21 | $0.11 | monthly | 2018-03-30 |
2018-02-21 | $0.11 | monthly | 2018-02-28 |
2018-01-19 | $0.11 | monthly | 2018-01-31 |
2017-12-20 | $0.10 | monthly | 2017-12-29 |
2017-11-21 | $0.10 | monthly | 2017-11-30 |
2017-10-20 | $0.10 | monthly | 2017-10-31 |
2017-09-20 | $0.10 | monthly | 2017-09-29 |
2017-08-22 | $0.10 | monthly | 2017-08-31 |
2017-07-20 | $0.10 | monthly | 2017-07-31 |
2017-06-20 | $0.10 | monthly | 2017-06-30 |
2017-05-23 | $0.10 | monthly | 2017-05-31 |
2017-04-25 | $0.10 | monthly | 2017-04-28 |
2017-04-19 | $0.10 | monthly | 2017-04-28 |
2017-03-21 | $0.10 | monthly | 2017-03-31 |
2017-02-21 | $0.10 | monthly | 2017-02-28 |
2017-01-19 | $0.10 | monthly | 2017-01-31 |
2016-12-20 | $0.10 | monthly | 2016-12-30 |
2016-11-21 | $0.10 | monthly | 2016-11-30 |
2016-10-19 | $0.10 | monthly | 2016-10-31 |
2016-09-20 | $0.10 | monthly | 2016-09-30 |
2016-08-16 | $0.10 | monthly | 2016-08-31 |
2016-07-21 | $0.10 | monthly | 2016-07-29 |
2016-06-21 | $0.11 | monthly | 2016-06-30 |
2016-05-17 | $0.11 | monthly | 2016-05-31 |
2016-04-19 | $0.11 | monthly | 2016-04-29 |
2016-03-15 | $0.11 | monthly | 2016-03-31 |
2016-02-16 | $0.11 | monthly | 2016-02-29 |
2016-01-21 | $0.11 | monthly | 2016-01-29 |
2015-12-15 | $0.12 | monthly | 2015-12-31 |
2015-11-17 | $0.12 | monthly | 2015-11-30 |
2015-10-22 | $0.12 | monthly | 2015-10-30 |
2015-09-17 | $0.12 | monthly | 2015-09-30 |
2015-08-19 | $0.12 | monthly | 2015-08-31 |
2015-07-21 | $0.12 | monthly | 2015-07-31 |
2015-06-16 | $0.12 | monthly | 2015-06-30 |
2015-05-19 | $0.12 | monthly | 2015-05-29 |
2015-04-21 | $0.12 | monthly | 2015-04-30 |
2015-03-17 | $0.12 | monthly | 2015-03-31 |
2015-02-17 | $0.12 | monthly | 2015-02-27 |
2015-01-20 | $0.12 | monthly | 2015-01-30 |
2014-12-16 | $0.12 | monthly | 2014-12-31 |
2014-11-18 | $0.12 | monthly | 2014-11-28 |
2014-10-21 | $0.12 | monthly | 2014-10-31 |
2014-09-16 | $0.12 | monthly | 2014-09-30 |
2014-08-19 | $0.12 | monthly | 2014-08-29 |
2014-07-17 | $0.12 | monthly | 2014-07-31 |
2014-06-17 | $0.12 | monthly | 2014-06-30 |
2014-05-20 | $0.12 | monthly | 2014-05-30 |
2014-04-16 | $0.12 | monthly | 2014-04-30 |
2014-03-18 | $0.12 | monthly | 2014-03-31 |
2014-02-18 | $0.12 | monthly | 2014-02-28 |
2014-01-21 | $0.12 | monthly | 2014-01-31 |
2013-12-19 | $0.12 | monthly | 2013-12-31 |
2013-11-20 | $0.12 | monthly | 2013-11-29 |
2013-10-17 | $0.12 | monthly | 2013-10-31 |
2013-09-19 | $0.12 | monthly | 2013-09-30 |
2013-08-15 | $0.12 | monthly | 2013-08-30 |
2013-07-18 | $0.12 | monthly | 2013-07-31 |
2013-06-19 | $0.12 | monthly | 2013-06-28 |
2013-05-16 | $0.12 | monthly | 2013-05-31 |
2013-04-18 | $0.12 | monthly | 2013-04-30 |
2013-03-19 | $0.12 | monthly | 2013-03-29 |
2013-02-14 | $0.12 | monthly | 2013-02-28 |
2013-01-23 | $0.12 | monthly | 2013-01-31 |
Ares Dynamic Credit Allocation Fund Dividend per year
Ares Dynamic Credit Allocation Fund Dividend growth
Ares Dynamic Credit Allocation Fund Dividend Yield
Ares Dynamic Credit Allocation Fund current trailing twelve-month (TTM) dividend yield is 9.22%. Interested in purchasing Ares Dynamic Credit Allocation Fund stock? Use our calculator to estimate your expected dividend yield:
Ares Dynamic Credit Allocation Fund Financial Ratios
Ares Dynamic Credit Allocation Fund Dividend FAQ
Other factors to consider when evaluating Ares Dynamic Credit Allocation Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Ares Dynamic Credit Allocation Fund stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Ares Dynamic Credit Allocation Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ares Dynamic Credit Allocation Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ares Dynamic Credit Allocation Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ares Dynamic Credit Allocation Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Ares Dynamic Credit Allocation Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ares Dynamic Credit Allocation Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ares Dynamic Credit Allocation Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Ares Dynamic Credit Allocation Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ares Dynamic Credit Allocation Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.