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

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Ares Commercial Real Estate (ACRE) Declares $0.27 Quarterly Dividend; 7.7% Yield

May 2, 2017 6:54 AM EDT

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... More