Ares Dynamic Credit Allocation Fund (ARDC) Given Daily Media Sentiment Rating of 0.31

Media stories about Ares Dynamic Credit Allocation Fund (NYSE:ARDC) have trended positive this week, Alpha One Sentiment Analysis reports. The research group, a service of Accern, identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ares Dynamic Credit Allocation Fund earned a news sentiment score of 0.31 on Alpha One’s scale. Alpha One also gave media stories about the company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the next several days.

Ares Dynamic Credit Allocation Fund (NYSE:ARDC) traded up 0.12% during trading on Friday, hitting $16.12. The stock had a trading volume of 13,495 shares. The firm has a 50 day moving average of $16.09 and a 200-day moving average of $15.49. Ares Dynamic Credit Allocation Fund has a one year low of $13.45 and a one year high of $16.25.

The firm also recently announced a monthly dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 22nd will be paid a dividend of $0.1025 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 7.64%. The ex-dividend date is Tuesday, June 20th.

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5 Day Chart for NYSE:ARDC

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