5 Dogs of the Russell 2000

4. Ares Commercial Real Estate Corporation (NYSE:ACRE)

Dividend Yield as of January 22: 13.07%
Market Cap as of January 22: $546.8 million 

Ares Commercial Real Estate Corporation (NYSE:ACRE) is an Illinois-based real estate investment trust company that focuses on originating and managing commercial real estate loans. On November 3, 2023, the company announced a quarterly dividend of $0.33 per share, which was in line with its previous dividend. The stock’s dividend yield on January 22 came in at 13.07%.

The number of hedge funds tracked by Insider Monkey holding stakes in Ares Commercial Real Estate Corporation (NYSE:ACRE) grew to 7 in Q3 2023, from 4 in the preceding quarter. The consolidated worth of these stakes is more than $14 million.

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