Monday, October 10, 2016

New Purchase in Ares Commercial REIT

The fund purchased more shares of Ares Commercial REIT on Friday. This will increase the scheduled January dividend payment by over 47% from this quarter. It will also increase the scheduled quarterly dividend to be increased by over 10% compared to last quarter.

There is no plan to sell the shares. The plan is to continue to accumulate shares and use the dividend reinvestment plan and call selling plan to increase revenue at an increasing rate.

Other holdings include AT&T, and Ford.

 **All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to or on twitter @kdkfund.

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