Ares Commercial Real Estate (NYSE: ACRE) declared a quarterly dividend of $0.27 per share, or $1.08 annualized.

The dividend will be payable on July 17, 2017, to stockholders of record on June 30, 2017, with an ex-dividend date of June 28, 2017.

The annual yield on the dividend is 7.7 percent.

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