Ares Commercial Real Estate Corporation (NYSE: ACRE) declared a quarterly dividend of $0.25 per share, or $1 annualized.

The dividend will be payable on July 15, 2015, to stockholders of record on June 30, 2015, with an ex-dividend date of June 26, 2015.

The annual yield on the dividend is 8.9 percent.

For a dividend history and other dividend-related data on Ares Commercial Real Estate Corporation (ACRE) click here.