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

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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