A dividend from Ares Commercial REIT was received.
As always, a portion of the dividend has been reinvested. 1.5% of the dividend was because of previously reinvested dividends. This compounding effect will continue to increase income going forward. In fact,3% of next quarter's dividend will be from reinvested dividends in Ares. This compounding effect will be the ultimate variable in building wealth.
Another portion of the dividend will be donated to charity.This is part of the mission of KDK Fund.
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