SmarterDividends
ARDC

Ares Dynamic Credit Allocation Fund, Inc.

ARDC

Financial Services · Asset Management · Stock · monthly payer

$11.37

Undervalued · +83% Add to Portfolio

Forward Yield

11.87%

Annual Dividend

$1.35

Payout Ratio

648%

5-Yr Growth

2.4%

Ex-Date

Oct 19, 2026

Frequency

Monthly

Key facts about ARDC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Ares Dynamic Credit Allocation Fund, Inc. (ARDC) has a forward dividend yield of 11.87%, based on an annual dividend of $1.35 per share and a share price of $11.37.
  • As of Oct 18, 2026, ARDC's dividend safety grade from SmarterDividends is D (44 out of 100), which rates the dividend as unsafe.
  • ARDC last cut its regular dividend in 2025.
  • ARDC's next ex-dividend date is Oct 19, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
  • ARDC's dividend has grown at an average rate of 2.4% a year over the past five years.
  • As of Oct 18, 2026, ARDC's 11.87% yield is 27% above its five-year average yield of 9.35%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for ARDC is $20.80 per share, 83% above the $11.37 share price, so ARDC screens as undervalued.
  • Ares Dynamic Credit Allocation Fund, Inc. (ARDC) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "ARDC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/ARDC

Summary

As of Oct 18, 2026, Ares Dynamic Credit Allocation Fund, Inc. (ARDC) yields 11.87% ($1.35 a year per share) and has a dividend safety grade of D (44/100).

Is ARDC a good dividend stock?

Mixed

Ares Dynamic Credit Allocation Fund, Inc. (ARDC) pays a monthly dividend yielding 11.87% ($1.35/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (648%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    11.87%
    Payout Ratio
    648%
    Annual Dividend
    $1.35
    5-Yr Avg Growth
    2.4%
    Ex-Dividend Date
    Oct 19, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    —
    Market Cap
    $272.5M
    P/E Ratio
    54.1
    5-Yr Total Return
    -28%
    52-Week Range
    $11.21 – $13.99
    Dividend Safety
    D · 44/100
    Ever Cut?
    Yes (2025)
    ARDC ex-dividend date & scheduleNext ex-date Oct 19, 2026 · full ex-dividend historyView →ARDC dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is ARDC a good dividend stock?

    Mixed. Ares Dynamic Credit Allocation Fund, Inc. (ARDC) pays a monthly dividend yielding 11.87% ($1.35/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is ARDC undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ARDC's fair value is about $20.80 versus a $11.37 share price — so it looks undervalued (+83% vs. fair value).

    Is ARDC's dividend safe?

    ARDC has a dividend-safety grade of D (44/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is ARDC's fair value?

    Our blended fair-value estimate for ARDC is about $20.80 per share, roughly 83% above the current $11.37 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is ARDC a buy, hold, or sell?

    We don't issue formal ratings, but on the data ARDC screens as "mixed" and undervalued. Ares Dynamic Credit Allocation Fund, Inc. (ARDC) pays a monthly dividend yielding 11.87% ($1.35/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will ARDC cut its dividend?

    ARDC earns a dividend-safety grade of D (44/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does ARDC pay a dividend?

    Yes. Ares Dynamic Credit Allocation Fund, Inc. pays a monthly dividend of about $1.35 per share annually, a forward yield of roughly 11.87%.

    What is ARDC's dividend yield?

    As of Oct 18, 2026, ARDC's forward dividend yield is 11.87%, based on a $1.35 annual dividend and a $11.37 share price.

    What is ARDC's dividend per share?

    As of Oct 18, 2026, ARDC pays $1.35 per share per year, distributed on a monthly basis.

    What is ARDC's dividend payout ratio?

    As of Oct 18, 2026, ARDC's payout ratio is 648% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has ARDC grown its dividend?

    ARDC does not currently have a long dividend-growth streak on record.

    When is the next ARDC ex-dividend date?

    As of Oct 18, 2026, the next ex-dividend date on record for ARDC is Oct 19, 2026.

    Income Calculator

    At $1.35 / yr per share

    Per payment (monthly)$11.25
    Annual$135.00
    Monthly avg$11.25

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