Ares Commercial Real Estate Corporation: Fairly Valued, Attractive Dividends

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About: Ares Commercial Real Estate Corporation (ACRE)
by: Philip Wang
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Philip Wang
Long only, value, dividend investing, event-driven
Summary

Ares Commercial Real Estate is a commercial mortgage REIT which boasts a well-diversified portfolio.

The company has been steadily increasing its dividend, and currently boasts an attractive yield of 8.6%.

At its current share prices, the company seems to be fairly valued though it may not be for everyone.

Earlier this year, I wrote about Ares Commercial Real Estate Corporation (NYSE: ACRE). Back then, I came to the conclusion that the company was attractively priced. Since my article in January, the company has