Form 8-K Ares Commercial Real For: May 07

Go back to Form 8-K Ares Commercial Real For: May 07

Ares Commercial Real Estate (ACRE) Declares $0.25 Quarterly Dividend; 8.9% Yield

May 7, 2015 8:08 AM EDT

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... More

Ares Commercial Real Estate (ACRE) Tops Q1 EPS by 3c

May 7, 2015 8:07 AM EDT

Ares Commercial Real Estate (NYSE: ACRE) reported Q1 EPS of $0.25, $0.03 better than the analyst estimate of $0.22. Revenue for the quarter came in at $0 versus the consensus estimate of $15.71 million.

Ares Commercial Real Estate sees FY2015 EPS of $1.04-$1.14, versus the consensus of... More