ARDC Distribution History & Yield
Ares Dynamic Credit Allocation Fund, Inc. · NYSE
Upcoming distribution payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Mon, Sep 21, 2026 (in 13 days) | Oct 5, 2026 | $0.113 | $11.30 | Estimated |
| Thu, Oct 22, 2026 (in 44 days) | Nov 5, 2026 | $0.113 | $11.30 | Estimated |
| Sun, Nov 22, 2026 (in 75 days) | Dec 6, 2026 | $0.113 | $11.30 | Estimated |
| Wed, Dec 23, 2026 (in 106 days) | Jan 6, 2027 | $0.113 | $11.30 | Estimated |
| Sat, Jan 23, 2027 (in 137 days) | Feb 6, 2027 | $0.113 | $11.30 | Estimated |
| Tue, Feb 23, 2027 (in 168 days) | Mar 9, 2027 | $0.113 | $11.30 | Estimated |
| Fri, Mar 26, 2027 (in 199 days) | Apr 9, 2027 | $0.113 | $11.30 | Estimated |
| Mon, Apr 26, 2027 (in 230 days) | May 10, 2027 | $0.113 | $11.30 | Estimated |
| Thu, May 27, 2027 (in 261 days) | Jun 10, 2027 | $0.113 | $11.30 | Estimated |
| Sun, Jun 27, 2027 (in 292 days) | Jul 11, 2027 | $0.113 | $11.30 | Estimated |
| Wed, Jul 28, 2027 (in 323 days) | Aug 11, 2027 | $0.113 | $11.30 | Estimated |
| Sat, Aug 28, 2027 (in 354 days) | Sep 11, 2027 | $0.113 | $11.30 | Estimated |
Estimated dates and amounts are projected from ARDC's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $1.356 per share.
Distribution payment history
Last 40 payments per share. RegularSpecial
Annual distributions per share
How much ARDC do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 885 | $10,885 | $1,200 |
| $500 / month | 4,425 | $54,425 | $6,000 |
| $1,000 / month | 8,850 | $108,850 | $12,000 |
Based on the forward yield of 11.02%. $10,000 in ARDC would currently pay about $1,102 a year ($92 a month on average). Model reinvestment and growth →
ARDC distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Aug 21, 2026 | — | $0.113 | +0.0% |
| Jul 20, 2026 | — | $0.113 | +0.0% |
| Jun 22, 2026 | — | $0.113 | +0.0% |
| May 21, 2026 | — | $0.113 | +0.0% |
| Apr 20, 2026 | — | $0.113 | +0.0% |
| Mar 20, 2026 | — | $0.113 | +0.0% |
| Feb 20, 2026 | — | $0.113 | +0.0% |
| Jan 20, 2026 | — | $0.113 | +0.0% |
| Dec 22, 2025 | — | $0.113 | +0.0% |
| Nov 21, 2025 | — | $0.113 | +0.0% |
| Oct 20, 2025 | — | $0.113 | +0.0% |
| Sep 22, 2025 | — | $0.113 | +0.0% |
| Aug 21, 2025 | — | $0.113 | +0.0% |
| Jul 21, 2025 | — | $0.113 | +0.0% |
| Jun 20, 2025 | — | $0.113 | +0.0% |
| May 19, 2025 | — | $0.113 | +0.0% |
| Apr 21, 2025 | — | $0.113 | +0.0% |
| Mar 21, 2025 | — | $0.113 | +0.0% |
| Feb 24, 2025 | — | $0.113 | -4.2% |
| Jan 21, 2025 | — | $0.118 | +0.0% |
| Dec 20, 2024 | — | $0.118 | +0.0% |
| Nov 21, 2024 | — | $0.118 | +0.0% |
| Oct 21, 2024 | — | $0.118 | +0.0% |
| Sep 20, 2024 | — | $0.118 | +0.0% |
Payout risk check
ARDC's last 12 distributions were very stable (consistency score 100/100).
Its share price moved -16.4% over the past year.
A 11.0% yield paired with a falling share price is the classic sign of NAV erosion: part of each distribution may be a return of your own capital rather than income the fund earned, and the share price can keep grinding lower even while the headline yield looks attractive.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Ares Dynamic Credit Allocation Fund, Inc.
Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It primarily invests in the U.S. securities and companies. 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, equity securities of CLOs and debt securities issued by CLOs, and other fixed-income instruments.
First distribution on our records: Jan 23, 2013. 165 payments tracked.
ARDC distribution FAQ
When is ARDC's next ex-distribution date?
ARDC's next ex-distribution date is Sep 21, 2026 (in 13 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.113 per share, expected on Oct 5, 2026.
How often does ARDC pay distributions?
ARDC pays distributions every month, 12 times a year. The most recent payment was $0.113 per share with an ex-date of Aug 21, 2026.
What is ARDC's distribution yield?
ARDC's trailing 12-month distribution yield is 11.02%, based on $1.356 per share paid over the last year and a share price of $12.30. The forward yield, using the indicated annual rate of $1.356 per share, is 11.02%.
How much does ARDC pay per share?
ARDC pays about $0.113 per share each month, which works out to roughly $1.356 per share a year. 100 shares would collect about $135.60 a year.
Has ARDC grown or cut its distribution?
Over the last 5 years the regular payout has grown at 2.9% a year (-1.8% over the last year). There has been no cut to a regular payment in the last 5 years. As a fund, ARDC's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.
How many shares of ARDC do I need to earn $100 a month?
At the current forward yield of 11.02%, you would need about 885 shares of ARDC (roughly $10,885 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.
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