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Ares Commercial Real Estate Declared A Regular Cash Dividend Of $0.25, Down From $0.33 In The Prior Quarter, Payable On April 16, 2024

Author: Benzinga Newsdesk | February 22, 2024 07:20am

COMMON STOCK DIVIDEND

On November 3, 2023, the Board of Directors of the Company declared a regular cash dividend of $0.33 per common share for the fourth quarter of 2023. The fourth quarter 2023 dividend was paid on January 17, 2024 to common stockholders of record as of December 29, 2023.

On February 22, 2024, the Board of Directors of the Company declared a regular cash dividend of $0.25 per common share for the first quarter of 2024. The first quarter 2024 dividend will be payable on April 16, 2024 to common stockholders of record as of March 28, 2024.

Posted In: ACRE

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