Ares Commercial Real Estate (ACRE) Declares $0.33 Quarterly Dividend; 10.5% Yield

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Ares Commercial Real Estate Corporation Declares Fourth Quarter 2020 Dividend

December 15, 2020 4:30 PM EST

NEW YORK--(BUSINESS WIRE)-- Ares Commercial Real Estate Corporation (ACRE) (NYSE: ACRE) announced today that it declared a fourth quarter 2020 cash dividend of $0.33 per common share. The dividend is payable on January 15, 2021 to stockholders of record as of the close of business on December 30, 2020.

About Ares Commercial Real Estate Corporation
Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments. Through its national direct origination platform, the Company provides a broad offering of flexible and reliable financing... More